Bearish momentum divergence. The rise of long term yields on the Fed meeting was comical and offered a great opportunity to get long US bonds at least for a short term trade.
. Buy the rumor, sell the fact´s. The fed has announced three hikes in 2017 an the projection for the fed funds rate is 2,99% in 2020. All bad news for T-Bonds are well known now and any supriese short term based might be on the upside. Usually i do not trade countertrends because i follow the trend only. If this idea might be right than US-Treasuries...
The global benchmark for the rates – the US 10-year Treasury yield has rallied this month from 1.77% to a high of 2.417%. Such a sharp rise in yields in such a short period of time is undesirable since the world is awash with debt…as noted by Nicole Elliot on yesterday’s Finance show Marc Ostwald, Strategist at ADMISI also noted the sharp spike is overdone on...
US 10-year Treasury Yield, breakout. if it closes above 2.07 end of Nov 2016, it could be considered as a breakout of the 9 year downward trend line. it is potentially building up the blue channel and target 2.68 area.
triple top, key resistance, high volume target at the 50% fib following the strong rally and break of channel. pullback to 50% would be a nice return to volume area following an anticipated sustained rejection at resistance currently.
This economic "recovery" is not reflected by yields. While you cannot fight central banks, central banks cannot fight the markets, so expect drastic measures.
Friday’s blowout number in NFP’s may have helped give the US 10 Year yield some go-go juice to jump start a run back towards the 1.90-2.05% area as it popped above the neckline of a possible inverted head and shoulder pattern. This is an area of confluence as it’s the 61.8% Fib level (1.976) of the November ’15 high/July ’16 low and the 61.8% Fib level (2.054) of...
About 5 days ago, I had pointed to the possible Bearish Cypher formation on the 10-yr treasury yield . The pattern stands completed today. Point D = 1.499% = potential reversal zone (PRZ) has been tested. As per the pattern, we should be heading down from here. For related markets this means - US stocks may be in for correction USD/JPY rally could run out of...
The hourly chart shows bullish price RSI divergence led to the recovery in the yield from the record low of 1.322%. We also have a bearish cipher set up, courtesy of the recovery from record low. Point D, which is the potential reversal zone, stands at 1.499%. This means the yield could turn lower from 1.499% or if the level is breached on the higher side on...
Looking for long opportunities on the bond market..