Bonds are a confirmed buy on harmonics with a possible bear node within 2-4 trading days. SSTIS is a confirmed buy with a bull surge, 2D MV chart is a confirmed buy with an MVO bull surge signal. Once the bull surge is over, we will see an oscillation, then, after a sudden pop-up, bonds should start to stagnate/correct.
20+y bonds are still bullish on harmonics. There will be a possible bear node within 2-3 trading days. SSTIS is a short-term buy with a long-term sell signal: institutions performing SOS technique. 2D MV chart is a short-term sell with a long-term buy signal. Here we can also observe an institutional shadow-sell technique.
The whole world was glued to twitter waiting for an update on the trade war from President Trump. However what they received was rather anticlimactic: a tweet about saying we don't need to rush a trade deal, which was later deleted. It is likely the markets will interpret this as a risk-off event, since they were really expecting more clarification.
Bonds have been gradually overbought owing to a slew of risk off factors including global economic fears, and the trade war. At this point, we may be due for a corrective phase by the end of the week. There is a representative from China flying in, so this may provide a much needed respite from the doom and gloom.
The Kovach Momentum Indicators suggest that...
Bonds are a short-term buy with no long-term confirmation on harmonics. SSTIS is a confirmed buy, 2D MV chart is a short-term buy with a long-term sell signal. There is an MVO bear/bull switch on bonds , position is above V-MA, therefore SVT will buy 70% long position at open. The remaining 20% will be added if we have a clear bull confirmation on 2D MV chart.
From the Medium Term ZB View, My View is ZB just completed its Wave 1 Major Uptrend and now retrace for Wave 2.
The Impulse move of Major Wave 3 is forming. I also projected the minor move VWXYZ in Major Wave 3 for reference.
My charts is projected based on the FIBO level and all parameter are matching so far. This will be my guideline and...
Today with manufacturing PMI at 55.3, better than concensus, ended the uptrend since March 7, 2019. The sharp pull back is now oversold in RSI and KD. Further selling is not recommended. Since recent uptrend was strong, this pull back is more likely to form a sideway range 148~150'20. But a weak rebound might suggest a ABC correction further below today's low 148.
Bonds 20+y are a confirmed buy on harmonics. SSTIS is a confirmed buy, 2D MV chart is a confirmed buy as well. Latter has an MVO bull surge signal as well. Bonds will correct soon as the MVO bull surge is to exhaust in a few days.