The weekend didn't produce all out war. A certain amount of momentum and fear is lost over time, if things don't progress further. I see a reversal in the 'fear' trades start of the week.
Oil/GOLD/USD ..will fall back to support. Means you might see a initial attempt up in asian session with failures to progress, and retracements to support.
Stocks should fall victim to short covering rallies. Bonds should retrace too, the FED wont raise interest rates Aug 8th. 10 year note will hit 5.15%.
Oil/GOLD/USD ..will fall back to support. Means you might see a initial attempt up in asian session with failures to progress, and retracements to support.
Stocks should fall victim to short covering rallies. Bonds should retrace too, the FED wont raise interest rates Aug 8th. 10 year note will hit 5.15%.
Price is the only indicator.