01/2025
January 4, 2025
USDCNH resistance 7.36
SPX 100Y trend line on 1929-2000 peaks hits resistance in 2024 around 6100
Chinese FXI fails to break (M)MA50
DXY regains key 2011 trend
Mexico – EWW massive bull trap – returning below all key (M)MAs 20/50/100/200 and trend
US10Y-US02Y above (M)MA100
KRE – Regional Banks moved back below its key trend. Last time a false break in 2020 required T$ of stimulus.
Japanese 10Y yields breaking towards 2%?
EWH – Hong-Kong. With China 2 big bear markets still ongoing. Below critical resistance and trend. Wanted to cheat a lot of bulls
TSLA – possible double-top here