Big market break with big week ahead
Saxo Market Call

Big market break with big week ahead

2023-07-21
Link to slide deck: https://bit.ly/44WWADd   - Today we look at the ugly break lower in the US equity market after the Tesla and Netflix earnings spoiled the party, with a snappy move higher in treasury yields possibly adding to the negative tilt in sentiment.  We look at the technical implications of yesterday's break in the rally and note that the status of the US dollar bear market is suddenly in play as well after yesterday's punchy rally and the spike in yields. All of this with a critical week ahead as the FO...
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