06 Sep ’22, 09:42 Central Euro Time:

The two-day session continues (given yesterday’s StateSide holiday): only the Bond now is below its Neutral Zone, whilst above same are Silver, Copper, Oil and the Spoo; volatility as anticipated has expanded to moderate-to-robust; both the Bond and Copper have exceed 100% of this session’s EDTR tracings (see Market Ranges). By Market Profiles the Spoo’s most dominant apices across the past two weeks are 3987 and 4140 which we view as resistance within the anticipated broader down move toward 3600. The yield on the S&P 500 is 1.652% whereas on the 5-year T-Note ‘tis 3.298%. Due for the Econ Baro is August’s ISM Services Index.