28000 - 27900 is a zone where we detected multiple pips. after the massive loss of 1000 points, we are facing a reversal/retracement of the daily loss of yesterday. we see that the price is trapped in the yellow box en developed multiple wicks. We can expect around 14:00 a stop hunt to the level 27880, and after that, it will rise.
US30 BUY SIGNAL BUY LIMIT Time Frame : H4 Entry ENTRY Price : $27948 & Entry price 2: $28148 Stop Loss $28670 TP 1: $28448 & TP 2: $28748 TP.3 $29048 & TP.4 $29348 TP.5 $29648 The Dow Jones Industrial Average trimmed its loss in afternoon trading after plunging more than 1,000 points as coronavirus pandemic fears intensified. But it was still down more than...
A deliberate soft closing down at the 1.50 lows (instead of breaking through allows for an underestimation in the bounce); here, the systematic approach of buying the dip deserves victory. We can cast some light together on playing through the flank: In the extraordinarily traditional sense an inversion which we are looking at always leads to a recession and...
Here we are tracking the final chapter in Wave IV, having cratered through the 61.8% retracement of the 2016/19 uptrend the next level to track is 1.24%. I expect losses will be capped below here to keep broader risks from cascading out of control. Whilst to the topside, resistance can be found at 1.96%, a previous corrective high. Markets have cornered the Fed,...
For those tracking the latest round of Fixed Income chart updates we have the final leg to the stool ahead right on time for NY. You will notice that on the back-end of the curve there is loud messages of a meaningful top being placed. The technical breakdown is indicating that we have another round of flattening towards key support at 32bps. For the Chartpack...
A timely update to the US10Y Yield chart as we breakout with November highs in scope. We will not be covering US fundamentals here today and instead will focus on key technicals in play. For the flows in our map for today and the rest of 2019 we have the key levels in play (highly recommend adding all to charts): Steel Support => 1.65 Strong Support =>...
This week further stocks rising before Big Short II, so be carefull.. and imfho (disclaimer) ;) Intermarket correlations of US Treasury bond yields, US Oil, Gold, Bitcoin and DXY USD index. Pinpoints the start of UJ Seasonality which is likely this week. One of its signals is a stock rally and another one the negative correlation between DXY USD index and US...
The squeeze in Treasuries is coming soon. Right now, it's just getting started and testing the break. The narrative of deflation has picked up steam strongly in the past 2 months with oil now clobbered, Powell going dovish (today), stocks down, and many many other reasons.
To be added to my earlier publication wherein I explain to expect a stock rally followed by a larger stock market crash is a stock buying cycle locked up inside an ascending triangle. This particular set of conditions has lead to sudden stock rally and drop of DXY halfway the month of June. We could expect to see a similar cause and effect from current date...
Overall, yields around the world will continue to plummet as the world slips into a bonafide global economic crisis sometime later in 2020. While 2008 was known as the banking/financial crisis, this time around, it will be a full-blown world-wide currency crisis compounded by a plethora of social and geopolitical issues which may exacerbate into a depression by...
A mixed NFP with inflation seeing the consequences via wages presents a good time to review the latest rate differential map: The floor has been placed, expecting Euro to begin rallying as we enter into the final pages of the cycle. US numbers are holding but is clear they wont be able to hold more than Q1 2020. Smart money will now position before waters...
Here we are tracking the highs in SPX for Q4...with Fed doing the heavy lifting once more and keeping the US on life support with another cut and QE 'lite' .. the moves in this Quarter will likely be supported at 2750. Equities are facing increasing headwinds from valuations. The strength of domestic demand in US has kept Equities held up for longer than...
Weekly chart says it all. Agrees with UJ Seasonality and USD devaluation.
In January I posted a lighter version of this chart, with less symbols on one chart. A have to admit it turned out a bit like a can of worms but just because of the many markets comparing it gets more interesting in my opinion. Between January and now and adjusted my Gold expectations and it does perform even better than I expected it would do at first. This...
Hi, today we are going to talk about US 30-year Treasury bond and its current landscape. We observe a new historic 30-year Treasury bond with high selling volume, which probably, are going to unleash a devastating selling pressure over the asset, that could outflow to Gold (XAUUSD) and Silver (XAGUSD), there is label as heaven assets. That even after the recent...
Tracking a break of the channel here; yields are beginning to test and all it will take for us to see a clean sweep is a daily close below. Eyes on 1.80 and 1.65 with a break; whilst to the topside a bulls need to take 2.654 to change the current direction. For the map a very clear: Strong support 1.65 <=> Soft support 1.80 <=> Mid point 1.95 <=> Soft...
After reaching a major target for shorts here at 2.088 (we have been tracking this all year long, for those wanting to dig deeper you can see the attached charts in the archives) we can expect profit taking to be done. Smart money is taking profits as we enter into a very important CB combo, there is plenty of time to unwind and position from higher if...
As you can see price broke our trend line, respected our resistance line then dropped, price is currently now at another little resistance level after making a bullish correction where we either see a break or bounce. Our thinking is we are going to get a bounce very soon either at the resistance level we are at now or the resistance level just above, either way...