Top 5 Charts of the Day – July 29th 2020

August turns out to have been the best single month for the #VIX and for the $, and the worst month for 10-year Treasury bonds. It is also the best month after January for #gold – Bloomberg (by @johnauthers)
*Chart from @VrntPerception
*Link: https://t.co/Ol56JMaOBC pic.twitter.com/EZ1ka8HAv6

— Christophe Barraud (@C_Barraud) July 29, 2020

The real yield on 10-year U.S. Treasuries closed below its previous record low, set in December 2012 – Bloomberg pic.twitter.com/HbzQYTmAHA

— Christophe Barraud (@C_Barraud) July 29, 2020

$NDX Daily Sentiment.

The 50d reached Top 2.5% most overbought in history (20 years) and the highest since 2011.

See the break below its 50d, similar to Feb 2018, May 2019, Jan 2020.

The 50d has also turned down.

If history repeats, this could be finished, or very close. pic.twitter.com/NNBGMufau3

— Macro Charts (@MacroCharts) July 29, 2020

Goldman Calls It: "The US May Be At The Start Of Sustained Downward Trajectory In Virus Spread" https://t.co/2LKDWDNXhV

— zerohedge (@zerohedge) July 29, 2020

The V-shaped recovery is simply not happening.

We have been following all high-frequency data published by Bloomberg and the flattening of the recovery is obvious.

At all. pic.twitter.com/gkpgqbr6XP

— Daniel Lacalle (@dlacalle_IA) July 29, 2020