First Call January 11, 2021

by | Jan 11, 2021 | First Call | 0 comments

  • S&P futures (with new DeMark Sequential Sell Countdown 13) down 0.6% and the Nasdaq futures down -0.5% (with a DeMark Sequential sell Countdown on day 12 of 13)
  • Asian markets mostly lower overnight with most benchmarks closing near their worst levels for the session. China a laggard, down more than 1%.¬†
  • European equities are weaker.
  • Treasuries unchanged to slightly firmer after a big bear steepening move last week that saw 10-year yields push through 1%.
  • Dollar seeing solid gains on the major crosses.
  • Bitcoin selling off sharply following another big rally last week (see chart on note as there was a DeMark Sequential sell Countdown 13 on Saturday)
  • Gold up 0.5%.
  • WTI crude down 0.6%.
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