According to FedWatch Tool www.cmegroup.com there will be 2 or even 3 interest rate CUTS in late 2020.
It means the difference between US10-US02Y spread will move up - arrow on the plot. We can already see that values jumped to 1.63 and that will continue!
The vertical dashed lines indicate the official...
The market will keep going up and i use the Vwap line as my resistance.
Big opportinuity and the market will keep going up and achieve our TakeProfit and may reach the Vwap line and cut it and keep going up.
Take profit: 139'09'5
Stop loss: 139'03'5
Treasuries look to be signaling that yesterday & today are in fact buy the dip we have risk on sentiment coming next couple weeks.
If we check the weekly RSI 10 yr yields r very overbought, coincidentally so are all major indices RSI weekly indicators.
Conclusion is we are in the final chapters of the bull market since March and another crash is imminent. But will...
H4 on ten year is holding overbought while H1 ping pongs between the 2 zones of over sold overbought.
Daily is still way oversold.
The blue line is SP500.
Analysis we r in the melt up of this bull market since march. Trade quick take profits buy the big dip coming
Bond yields have broken out beyond 0.75% - coming just shy of 1% - 0.75$ is now support
The Fed could try to stop yields moving higher in its decision today by new policies including:
1. Yield Curve Control (YCC) - or
2. Forward Guidance
I honestly think this is a BTFD here fam the 10 yr looks primed to reverse. And this implies the stock market will boom long term heading into 2021-2024 when the yield finally tests the 200 ema and probably fails leading to another big crash. I think a Trump victory in 2020 all but solidifies this narrative that I am looking at here with the 10 yr
The Dow just closed 10%, making it the largest single-day point decline since 1987.
The main issue I have with this though is, there is no catalyst in the near-term to reverse things. The selling really just compounds on itself now. Very little of this actually correlate to underlying fundamentals... which is even more worrying.
Meanwhile, the dollar remains...
See this cup N handle pattern witch started out on a smaller time frame and gave us this breakout out. Bulls still fighting, however, the apex of the triangle is acting like a strong magnet. Breakout below 1641, still short from higher entry. Im monitoring both sides
Bulls: want a breakout from handle
Shorts: attempting to push below the handle
An insane move across Yields with historic outflows, I am expecting some relief over the coming weeks but we the lows are still open for a 5th wave sequence. This target will worryingly come into play at 0.20x! We have intentionally covered the Credit Spreads together here in order to see what is "challenging" in the US economy: