Dollar Exhaustion and Treasury Yield Breakouts

Equities

• Tesla: Price nearly reached our Daily supply level of $388.75 before violently reverting to the downside. Should price fail to reach the Daily supply level, an efficient short entry price point would be $383.99.
• Nvidia: Nvidia rose before breaching our Daily demand level from last week. The adjusted Daily demand level is $212.79 with an intermediate demand level price of $219.73.
• Dow Jones: We are exiting our "buy" hypothesis where we had an entry price of $52,935.64. We will exit at market open due to price deceleration.
• Nasdaq 100: We are still active in our short hypothesis with an entry price of $29,236.10, an invalidation level of $30,747.81, and target level one at $27,717.80.
• S&P 500: We are maintaining a Daily demand and long entry level of $7,420.09. Should price retrace to that point, our target price level would be $7,781.65.

Forex & Rates

• U.S. Dollar: The U.S. Dollar attempted to retest our intermediate supply level of $99.991, but failed before moving lower. This adds confirmation to our disposition that price will continue lower after a brief retest, and the current short hypothesis re-entry price point is $99.347.
• 10 Year Treasury Note: The yield broke higher this past week, closing at 4.79%. We have a downside area of interest of 4.66%.
• EUR/USD: The pair failed to reach our Daily supply level of $1.17414. Whether waiting for the trigger of the upside supply level or active in a manual short entry hypothesis, the invalidation level is $1.18950.
• GBP/USD: The pair breached the Daily supply level of $1.36084, triggering a short hypothesis. Short hypothesis target one is $1.34156 and target two is $1.33605.
• USD/CAD: Our "buy" hypothesis is active with an invalidation level of $1.35090 and take-profit target levels of $1.42702 and $1.44993 respectively.

Commodities & Crypto

• Bitcoin: A closing price at or below $77,274.75 would indicate the beginnings of a short hypothesis.
• Gold: Our active short hypothesis is running in profit with an entry price of $4,606.615 and a current Daily closing price of $4,429.825.
• WTI Crude Oil: The asset is gaining bullish momentum. We are awaiting a pullback down towards the $86.116 price level to exit our short position, and enter a "buy" hypothesis.