I publish this Idea to reinforce my previous analysis on this market, by looking at it from a large perspective. Since a breaking of a trading Range, the ZN (10 year T-note) reaches a new historical high. the breaking of the rectangle has been done by a huge volume (17 M). However, obviously, I expect the market could slow down if volumes aren't helping the...
The Market is compressing after having formed an ascending triangle. So my expectation is that it could continue going up if it breaks the upper horizontal line of the Triangle. Keep in mind that this market is slow (works in 30min), but it's a huge market looking at the amounts of money inside it.
ZN has shown strong resistance since March, The ZN is to be watched
im thinking this is like and we see another 1-2 months of Ponzi stock pumps
We moved away from previous 2-day balance (medium yellow box) at overnight and bounced back and forth previous demand zone at cash session, so it lost it's strenght. Removed it from the chart then included longer time frame value low in purple at 138'26. We can see that market has been rejecting value higher so far (tails and bottoming shown by red arrows) but as...
10 YEAR T-NOTE FUTURES has a Strong probability of keeping its uptrend, keep portfolio
10 year looks ready to break up which could be signaling risk on will be back over the next 2-3 years Fam
We have couple of supply zones above current price but also big strong Daily Demand zone below so... after drop to demand there is a big chance to rally up to supply zone and even further keep these number is your mind ;)) ________________________________________________________________________________________ Golden Trading Rules: Treat Trading Like a...
The cross is using the 20 and 50 exponential moving average. $136.5 --- short term support If we brake down, the next support is close to the 200SMA ($130). The rate cut tomorrow with Powell's speech will most likely move this indicator.
Contrary to what most people believe, 10 year yields have very little to do with the DXY, but rather acts as an outlook/sentiment with respect to the global economy. Of course there are many other things in play, however, in this impending recession that will be the major driving force for the 10 year. Moreover, plummeting yields from most other nations will...
All description on chart. Please, don't forget to like and follow. Thank you.
All description on chart. Please, don't forget to like and follow. Thank you.
Couple things to note: 1. When the yield curve hits the bottom trend line, stocks have performed poorly in the following years. 2. When the yield curve is low and near the bottom trend line, the moving average crossover has been a good signal of an impending stock market peak within 5-8 months.