Comments on: Out Of Office https://rightsideofthechart.com/out-of-office-2/ Stock Trading, Investing & Market Analysis Mon, 21 Aug 2023 15:26:29 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Scott https://rightsideofthechart.com/out-of-office-2/#comment-29127 Mon, 21 Aug 2023 15:26:29 +0000 https://rightsideofthechart.com/?p=212179#comment-29127 Looking at the expected moves again this week… The lower bound is once again perched suspiciously around fib levels and a key simple moving average. This time it’s the 100 SMA.

Also, bonds don’t look like they’re going to bounce.

https://rightsideofthechart.com/wp-content/uploads/bpfb/2910_0-61953700-1692631522_219-95fs95fs-sma.png

https://rightsideofthechart.com/wp-content/uploads/bpfb/2910_0-68024200-1692631522_bonds9s9sss.png

]]> By: KevinK https://rightsideofthechart.com/out-of-office-2/#comment-29126 Mon, 21 Aug 2023 15:18:48 +0000 https://rightsideofthechart.com/?p=212179#comment-29126 Market seems like it wanted to rally early, but the bond market had other ideas.
Market doesn’t like yields hitting multiyear highs.
If yields keep going up going to be hard for the market to rally.
Unless Nvidia has super duper earnings on Wednesday.

]]>