Markets brace for Fed/PCE. Dollar weakness (sub-98.11) is key for gold/silver upside (resistance 4750-4800/8136). Geopolitical risk (Strait of Hormuz) could ignite metals. WTI ($78) shows higher-for-longer energy trend via flattening curve. Yields pinned at 4.31% ahead of Fed hold. China import surge supports commodities.
explicit
NDX
RUT
implicit
implicit
explicit
Blue Line Futures
7.5
Hedge Fund
Phillip Streible 7.0
Hedge Fund
Phillip Streible 7.0
Gold; Silver
4/27/2026 2:11:11 PM
dxy
The dollar under pressure dropping down to 98.11, it's down 24 ticks here.
| 4/24/2026 2:18:16 PM | short term up | 7 days later | -0.01% | -0.01% |
| 4/17/2026 2:14:11 PM | short term cautious down | 7 days later | +0.44% | -0.22% |
| 3/16/2026 1:23:55 PM | short term sharp up | 6 days later | -0.63% | -0.95% |
| 3/4/2026 1:58:21 PM | short term down | 5 days later | -0.49% | +0.49% |
| 3/2/2026 2:15:55 PM | short term cautious up | 5 days later | -0.20% | -0.10% |
| 2/24/2026 2:02:50 PM | short term up | 5 days later | +0.70% | +0.70% |
| 2/23/2026 2:01:27 PM | short term cautious down | 6 days later | +0.51% | -0.26% |
| 2/16/2026 3:07:19 PM | short term down | 6 days later | +0.56% | -0.56% |
| 2/13/2026 2:18:11 PM | short term cautious down | 7 days later | +0.62% | -0.31% |
| 2/12/2026 2:35:02 PM | short term cautious down | 5 days later | +0.85% | -0.42% |
| 2/11/2026 2:40:37 PM | short term down | 5 days later | +0.24% | -0.24% |
| 2/10/2026 10:04:22 PM | medium term sharp down | 20 days later | +2.29% | -3.44% |
| 2/9/2026 2:13:26 PM | short term down | 6 days later | +0.30% | -0.30% |
| 2/3/2026 1:56:20 PM | short term down | 5 days later | -0.82% | +0.82% |
| 2/2/2026 6:29:20 PM | short term sharp up | 6 days later | -0.64% | -0.95% |
| 1/30/2026 2:05:52 PM | short term up | 7 days later | -0.81% | -0.81% |
| 1/26/2026 2:15:07 PM | short term sharp down | 6 days later | +1.44% | -2.17% |
| 1/20/2026 2:41:17 PM | short term down | 5 days later | -1.74% | +1.74% |
| 1/12/2026 2:15:07 PM | short term down | 6 days later | +0.27% | -0.27% |
| 12/23/2025 2:10:09 PM | short term cautious down | 5 days later | +0.06% | -0.03% |
| 12/19/2025 1:48:55 PM | short term up | 7 days later | -0.25% | -0.25% |
| 12/17/2025 2:18:23 PM | short term up | 5 days later | -0.50% | -0.50% |
| 12/4/2025 1:55:43 PM | short term cautious down | 5 days later | -0.20% | +0.10% |
| 12/3/2025 1:42:38 PM | short term cautious down | 5 days later | +0.23% | -0.12% |
| 11/24/2025 2:27:59 PM | short term cautious down | 6 days later | -0.25% | +0.13% |
| 11/14/2025 2:02:42 PM | short term cautious up | 7 days later | +0.55% | +0.28% |
| 11/11/2025 1:54:15 PM | short term cautious down | 5 days later | +0.11% | -0.06% |
| 10/21/2025 1:46:58 PM | short term up | 5 days later | -0.12% | -0.12% |
| 10/2/2025 1:50:52 PM | short term down | 5 days later | +1.16% | -1.16% |
| 9/29/2025 2:11:15 PM | short term down | 6 days later | +0.35% | -0.35% |
| 9/26/2025 2:00:35 PM | short term cautious down | 7 days later | +0.20% | -0.10% |
| 9/11/2025 1:56:16 PM | short term cautious up | 5 days later | -0.70% | -0.35% |
| 8/28/2025 2:17:15 PM | short term down | 5 days later | +0.38% | -0.38% |
| 8/13/2025 2:10:59 PM | short term down | 5 days later | +0.02% | -0.02% |
| 7/31/2025 2:22:23 PM | short term sharp up | 5 days later | -0.52% | -0.78% |
| 7/18/2025 2:12:59 PM | short term down | 7 days later | +0.83% | -0.83% |
metals
Phil Streible states that a continued breakdown in the dollar index is needed to push gold higher, and that a breakthrough in the Strait of Hormuz could cause metals to 'potentially rip'. He also notes gold is 'slightly anchored to the positive side' and provides upside resistance levels (4750-4800 for gold, 7940 and 8136 for silver). This implies a cautiously bullish view on metals in the short term, contingent on dollar weakness and geopolitical developments.
wti
Phil Streible notes crude oil is up 94 cents, in a tight range, and the December contract is 'creeping higher' at $78. The curve flattening suggests higher-for-longer on energy, implying a cautiously bullish short-term view.
yields
10-year Treasury yields sitting at 4.31%.
The yield level is stated without directional bias, and the Fed is expected to hold rates unchanged, suggesting a sideways view in the short term.
| 4/24/2026 2:18:16 PM | short term up | 7 days later | +2.54% | +2.54% |
| 3/31/2026 2:11:17 PM | short term down | 5 days later | +0.37% | -0.37% |
| 3/27/2026 1:10:42 PM | short term up | 7 days later | -0.16% | -0.16% |
| 3/26/2026 1:05:27 PM | short term up | 5 days later | -2.73% | -2.73% |
| 3/25/2026 1:10:36 PM | short term down | 5 days later | -2.38% | +2.38% |
| 3/23/2026 1:14:06 PM | short term sharp up | 6 days later | -1.14% | -1.71% |
| 3/18/2026 1:13:58 PM | short term down | 5 days later | +2.59% | -2.59% |
| 3/10/2026 1:03:21 PM | short term cautious down | 5 days later | +0.29% | -0.14% |
| 3/5/2026 2:11:33 PM | short term up | 5 days later | +1.81% | +1.81% |
| 3/4/2026 1:58:21 PM | short term up | 5 days later | -0.24% | -0.24% |
| 3/3/2026 2:19:16 PM | short term up | 5 days later | +1.37% | +1.37% |
| 2/17/2026 2:09:29 PM | short term down | 5 days later | -1.23% | +1.23% |
| 2/16/2026 3:07:19 PM | short term down | 6 days later | -0.57% | +0.57% |
| 2/12/2026 2:35:02 PM | short term down | 5 days later | +0.57% | -0.57% |
| 2/11/2026 2:40:37 PM | short term down | 5 days later | -1.27% | +1.27% |
| 1/30/2026 2:05:52 PM | short term up | 7 days later | -1.80% | -1.80% |
| 1/21/2026 2:14:38 PM | short term up | 5 days later | -0.61% | -0.61% |
| 1/20/2026 2:41:17 PM | short term sharp up | 5 days later | -0.94% | -1.41% |
| 12/23/2025 2:10:09 PM | short term cautious down | 5 days later | -0.48% | +0.24% |
| 12/19/2025 1:48:55 PM | short term up | 7 days later | -1.27% | -1.27% |
| 12/11/2025 2:02:09 PM | short term down | 5 days later | -1.03% | +1.03% |
| 12/10/2025 2:04:36 PM | short term up | 5 days later | +0.19% | +0.19% |
| 12/9/2025 2:09:53 PM | short term sharp up | 5 days later | +0.43% | +0.65% |
| 12/4/2025 1:55:43 PM | short term cautious down | 5 days later | +0.60% | -0.30% |
| 11/28/2025 2:32:51 PM | short term down | 7 days later | +1.86% | -1.86% |
| 11/27/2025 3:34:31 PM | short term down | 5 days later | +1.00% | -1.00% |
| 11/25/2025 2:09:39 PM | short term down | 5 days later | +2.45% | -2.45% |
| 11/24/2025 2:27:59 PM | short term cautious down | 6 days later | +2.35% | -1.17% |
| 11/20/2025 2:01:46 PM | short term cautious up | 5 days later | -1.60% | -0.80% |
| 11/14/2025 2:02:42 PM | short term cautious up | 7 days later | -2.30% | -1.15% |
| 11/5/2025 2:23:24 PM | short term cautious down | 5 days later | +0.66% | -0.33% |
| 10/30/2025 1:04:43 PM | short term cautious down | 5 days later | +1.37% | -0.68% |
| 10/29/2025 1:10:53 PM | short term down | 5 days later | -0.10% | +0.10% |
| 10/28/2025 1:16:24 PM | short term down | 5 days later | +1.18% | -1.18% |
| 10/27/2025 10:44:23 PM | short term down | 6 days later | +3.09% | -3.09% |
| 10/2/2025 1:50:52 PM | short term down | 5 days later | +0.24% | -0.24% |
| 9/29/2025 2:11:15 PM | short term down | 6 days later | +0.34% | -0.34% |
| 9/26/2025 2:00:35 PM | short term down | 7 days later | +0.51% | -0.51% |
| 9/10/2025 1:41:49 PM | short term up | 5 days later | +0.37% | +0.37% |
| 9/9/2025 11:14:55 PM | medium term sharp down | 20 days later | +2.88% | -4.32% |
| 9/9/2025 2:18:10 PM | short term down | 5 days later | +0.05% | -0.05% |
| 9/2/2025 2:02:33 PM | short term up | 5 days later | -3.92% | -3.92% |
| 8/28/2025 2:17:15 PM | short term cautious down | 5 days later | -0.38% | +0.19% |
| 8/13/2025 2:10:59 PM | short term down | 5 days later | +0.21% | -0.21% |
| 7/18/2025 2:12:59 PM | short term down | 7 days later | +1.10% | -1.10% |
