The market is ‘right in the eye of the storm,’ and two charts show dark clouds ahead, says Bank of America analyst
Paul Ciana, global chief FICC technical strategist at Bank of America Merrill Lynch, says the market's "headed right in the eye of the storm," and there are two charts to watch that could signal some dark clouds ahead.
"Our thesis here suggests that U.S. financial conditions continue to deteriorate," he said Thursday on CNBC's "Futures Now."
Ciana refers specifically to the bond market and gold as key indicators that could suggest that the second quarter could be as bumpy as the first...
Source: cnbc.com/a>