The Charts We're Watching - 2023/04/11

A chart speaks a thousand words. What about three dozen?

Welcome to ITS' The Charts We’re Watching, where charts speak for themselves, bullish or bearish. With minimal narratives, we strive to present clear and unbiased insights into complex financial markets.

Let’s jump in.

Equities

S&P at a crossroads: the 4200 region stands tall.

Nasdaq/Dow ratio bounces off long-term trendline. 2021 dreams revisited?

CAC 40 hits all-time highs alongside Hermes and luxury brands. What revolution? Vive la France!

India's bull flag breakout moment.

KOSPI's clean breakaway.

FTSE Taiwan has been making numerous attempts at the neckline.

MSCI Singapore is like the S&P, with a heavy overhead resistance right here and now.

Currencies

The Dollar stands at a crucial point. When both sides of the media declare its demise, beware of the face-ripping rebound.

AUD/JPY's multi-decade triangle holds strong.

Rounding top on a shorter timeframe.

GBP/USD double head fakes – bottom and top.

USD/BRL has made several attempts at this support.

USD/CNH's recent tightrope walk.

SGD/CNH is at a multi-decade high.

USD/JPY: one to watch in the coming months.

Commodities

Crude oil gaps up on OPEC+ cuts, but it's not in the clear yet.

Gasoline leads the charge with an H&S breakout.

Crude to gasoline ratio sits at historic lows.

In other words, the Crack Spread is among the highest in history.

Energy's rally fails to fuel edible oil's revival.

Palm oil at least managed to rebound at the support.

Gold's sprint towards its all-time high faces resistance hurdles.

Silver finally breaks free from its two-year downtrend.

Sugar went parabolic in recent days.

Orange juice went parabolic in recent months.

Feeder cattle's Cup-and-Handle breakout, retest, and second wind.

Live cattle escapes its rising channel.

Fixed Incomes

Who says TA doesn’t work on fixed incomes, on a longer timeframe?

The back end of the curve is eagerly attempting to go higher (lower yield).

It doesn’t help that the yield curve is most inverted in 40 years.

Cryptos

BTC breaches two important overhead resistance.

ETH breaks free from its symmetrical triangle.

Till next time.