treasury yields consolidating between the 786 & 618 of this most recent move inside of this A Sym Triangle. Which way will it break?
Us 10 yr Short Trade from 3/14. Downside target remains. 12:36:35 (UTC) Thu Apr 16, 2020
US10Y Risk-Range 12:40:17 ( UTC ) Tue Apr 7, 2020
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
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...
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: Such compensation is...
There is a map of a consolidation for US 10-year yield. The range is quite volatile between 1.50 and 2.00. The wave B should complete with a drop to the 1.50 and then wave C could unfold up to 2.00. After that the drop should resume to retest 1.34.
After an array of failed emergency monetary tactics such as a $500B a year corporate tax break, 3 rounds of Quantitative Easing and 3 rate cuts, finally after the trade deal was announced, we peaked our head well up above the bottom of channel / sub-channel we had been stuck in for over a year now. This was additional evidence that the drag on stock markets...
Daily Chart Explanation: - Price was on an Ascending Channel and broke it. - Now, it is developing a Bearish Corrective Structure. - If price breaks it, it has potential to move down towards the Middle Support Zone first and, then, continue towards the Primary Support Zone . Weekly Vision: 4H Vision: Updates coming soon!
The 10 year yield on of many fear indicator showing bearish structure after testing long term resistance. Given the market action, I can understand why.
Short Term Elliott Wave structure in 10 Year Notes (ZN_F) suggests the pullback to 129.28 ended wave IV. The note has resumed higher in wave V. The internal subdivision of wave V is unfolding as a 5 waves impulse Elliott Wave structure. Up from 129.28, wave 1 ended at 131.19 and wave 2 ended at 130.26. Internal of wave 2. The Note has resumed higher and broke...
This is an update to previous ideas charted at New Years 2019. The 10 year yield has been following the path of lower yields in a lock step fashion, however the pace of declining yields is concerning. The 3 day looks like Niagara Falls Where do we go from here? Currently, the 10 yr yield is in the middle of the 1 (1.32%) and .786 (1.734%) retrenchment...
Looks like loan officers will be selling 2 and 3 percent fixed mortgages before long. ;) This is an update to my previous idea: If you're a fan of Fibonacci, then you're already well aware of the significance of the 1.618 and .618 lines. If you're not. Here's a super simple version. .618 retrace is the most likely level to see a "bounce" if the overall trend...
Here we are witnessing the minimum target from a ABC perspective since the January highs at 2.799%. This sequence from here on should be viewed as corrective and will be a shallow retrace in the broader trend. There is little support here so the key levels to watch in play remain 2.286%. We may see some choppy waters here, however, the potential to retrace as...