US equity markets continue to be defined by impulsive rallies and corrective declines. This week's FOMC meeting will be important (key risk) as the market expects the Fed to reiterate its dovish bias. Keep an eye on Gold and the Yen as they approach major range resistance - breakout or fakeout? Equities reversed higher after […]

Last week, equity markets confirmed our immediately bearish case as the SPX and DJIA confirmed the Nasdaq and Russell's break of support. The Yen, Bonds and Crude also confirmed the bearish market break as expected. Tariff man appears intent on dragging the world into a global recession. The reason we could expect the risk-off environment […]

The bears remain in control - US equity markets declined last week into strong near term support while Crude Oil finally broke lower from targeted resistance. The bond markets pushed to new cycle highs as expected and the US dollar rally may have ended. Be aware of heavy Treasury issuance at the end of this […]

Last week, global equity markets staged a recovery from the Trump tariff decline as expected. US equity markets remain most at risk given the direct conflict with China (unless Trump retreats). So far, the rally has met the minimum expected targets in the 50% - 61.8% Fib retracement range. This is a key week for […]

From our last Realvision report on 4th Feb 2019 Tactical Traders Market - "Despite the bearish fundamentals, the most likely outlook is for an eventual push to marginal new ATH's". Since that report, the Nasdaq and S&P500 have indeed made marginal new ATH's while the DJIA and Russell 2000 have lagged. Inter-market divergences at market […]