Imminent technical breakdown in WTI Crude, Rates, USD makes a completed Iran deal seem likely

Near-term US Equity trends could be starting to give way to upside progress if Thursday's reversal shows some follow-through on deal progress into Friday. The combination of Treasury yields, the US Dollar, and WTI Crude oil all showing technical evidence of breaking down tilts the near-term risk back to the upside and makes a negative stance increasingly difficult to justify. While I had expected a bit more weakness...

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