• Flat after closing up 0.33%, as U.S. Treasury yields jumped nL1N2JH1N4

• Yield differentials and positive risk response to Democrat victory suports

• Tight Democratic majorities could easily limit Biden agenda nL1N2JH2U8

• Middle U.S. course on health care and climate change likely risk positive

• Charts, momentum studies, 5, 10 & 21 daily, weekly and monthly MAs fall

• Trending setup in place while 103.50 21 DMA and 103.67 Kijun line caps

• No real significant support until the 101.18 2020 spike low in March

• NY 102.76 London base and 103.44 NY high initial support-resistance

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