The Daily Drip

Markets review, strategy and analysis

Note: The EW counts on the right edge are real-time, and they are prone to adjustments as price action develops. Elliott Wave has a fluid approach, is evidence-based, and requires constant monitoring of certain thresholds.

In the counts below, this (( )) = circle on chart

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Chart of the Day—DXY and TNX—The Dollar and yields remain pretty tight at the hip. The 10-year is threatening to break 4.35%, and the dollar wants to break 105. Both of these moving higher are not friendly toward risk appetite. What kind of alarm are they sounding?

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On the last notes from last week, we looked at markets outside the US and discussed the small caps behavior.

Today I will go over the current price action in the regular core markets

In the daily video, I will go over a set of stocks with decent buy opportunities …

Let's dive into the charts below …