Price is holding nicely above our trend line, in line with our fibonacci confluence levels where we could see a bounce from here. Ichimoku cloud and 20 period EMA are showing signs of bullish pressure as well.

Today we look at the quiet finish to the week last week and fresh lows in the VIX as traders seem complacent even as the political season is heating up with the US Democratic Convention this week coming amidst accusations that the Trump administration is trying to sabotage the election...

Price is approaching our support in line with our trend line where we could see a bounce above this level.

Price is approaching our support in line with our trend line where we could see a bounce above this level.

Last week ended with US equity markets perched near the top of the range, while European indices were a bit wobblier int the close of the week. This week we look forward to the US political season heating up with the Democratic Convention starting today as accusations swarm that President...

Macro Dragon = Cross-Asset Daily Views that could cover anything from tactical positioning, to long-term thematic investments, key events & inflection points in the markets, all with the objective of consistent wealth creation overtime. (These are solely the views & opinions of KVP, & do not constitute any trade or...