Callum Thomas | Jan 31, 2017 05:58AM ET
Here are the regular five macro technical charts (going as far as individual commodities, currencies, bonds, and sectors, as well as the rest of the major indexes and benchmarks). No comments on anything except the technical/price developments (albeit we will typically cover the broader case in the Weekly Macro Themes where the technical and fundamental set up produce a compelling investment idea). Even if you're not technical analysis minded, it's a useful way to keep on top of trends in some of the main financial markets and as a prompt for further investigation:
In this edition we look at the range compression in Crude Oil, a bull flag setup in the Russell 2000, a key test for Emerging Markets, a symmetrical triangle formation in Biotech, and a bottom in Turkish Equities.
h2 /h2 h2 1. Crude Oil - Range Compression /h2Overall technical view: WTI crude oil is undergoing range compression and a big move is likely soon
Overall technical view: Bullish bias, bull flag serves as a trigger
Overall technical view: Skeptical, but an upside breakout will be very bullish
Overall technical view: Neutral, wait for a breakout
Overall technical view: Bullish (risk management is a break back below 50dma and support of 32)
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