Yields, DXY Move Higher, Gold Lower; Possibly A Final, Uptick For Equities

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https://twitter.com/RobertPBalan1/status/1397860316508266497?s=20





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-1/X The 10yr yield may have already made a trough, but a subsequent test of its lows should allow one final uptick in equities.2/X That brings up the subject of the DXY which has bottomed where we though it would, alongside yields. If the 10yr yield will be rising for a few days (at least) then DXY should too. But as I illustrated above, the Yield should test the bottom as well, and DXY should too.3/X This has similar implications in Gold (XAU) -- and Gold should at least retest its recent 1912 top or maybe even make a new higher high. If we get a significantly higher final uptick in equities, and downtick in the DXY, then Gold may indeed make a new higher high.