Im waiting to see if TIPS turn weak and DXY gain strengh. Then for gold to form a Resistance. But for now GOLD is still Bullish but im being patient
Keep an eye on the relative strength of TIPS vs IEF as a measure of inflation expectations. Watching both real and nominal interest rates can be helpful in assessing future prospects for commodities and other real assets.
TIPS (tips treasury inflation protected securities) TLT (Long Term Treasuries) TIPS/TLT ratio indicates the markets fear for inflation. This ratio is currently coming up against long-term resistance. This is a potential area of reversal or pause. This move coincides with a long term resistance area in the CRB index (commodities). A breakout here would be very...
In the second part of my leading indicator set, namely, TIPS, TLT, VIX and USD futures /DX... TIPS is giving an early warning of a sharp dip. TLT has no indication of a build up in bond demand, but in fact has a gap down bond dumping. Do watch this gap closely, as a close of the gap might signal a reversal. VIX is not yes bullish despite a recent episodic spike....
Gold trading below the 200 DMA is interesting given all the inflation talk. If you have a strong conviction for gold as an asset class over the next 5-10 years, picking up Gold here should be a no brainer.
The TIPS ETF, is the ETF for Treasury Inflation-Protected Securities (TIPS) has had a good correlation to the market indices as shown here in Orange (S&P500) and Cyan (NASDAQ). However, in the last few weeks, particularly the last week... market indices have been on a massive bull run, with parabola. Today, the icing on the cake was the announcement of a viable...
Targets for TIP (inflation protected treasuries) as defined on Point and Figure chart. $TIP $RINF #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy
TIPS Real yields and interest rates are near perfectly negatively correlated to Gold, Silver, and the miners. Therefore, the prices for Treasury Inflation Protected Securities (TIPS), which are the inverse of real rates, are near perfectly correlated to precious metals and miners: TIPS fall, Gold falls, and vice versa. TIPS had been falling in corrective fashion...
TIPS is an leading indicator, according to Russell Napier, and it is one of the few leading indicators that have been shown to pre-empt market movement (most of the time). In this comparison daily chart of TIPS and the S&P500 (orange line),you can see the recent lead but TIPS, and it is now under a Sell signal, with technicals pointing to the end of the bullish...
Interesting correlation and a leading indicator I picked up from Russell Napier since November 2008. He gave me a tip about TIPS, available in his book Anatomy of a Bear. TIPS is one of the leading indicators used by RN. In this correlative analysis, TIPS gave a heads up of the unsustainable rally of the equity market with a bearish divergence in the MACD. Now...
TIP is in a strong strong uptrend. Where does it stop? Where does inflation stop? When do yields rise? Hmm.
TIP vs. GOVT nearing a significant zone RYE vs. RYU lagging a bit behind..
Back in early October I posted a commodities chart. On that chart I shared my thesis that Gold's 6-year breakout in May would retest and commodities would follow on the next leg up. I later posted that "unofficial QE would add fuel into inflationary forces". With Gold breaking out of its healthy correction, inflation hitting 9-year highs, the Fed saying they will...
TIPS vs. GOVT breaking through a diagonal downtrend line (beginning in April '18). When it comes to Ratio charts, horizontal S/R zones are far more important IMO, but nonetheless this is an interesting development