With 7 daily bearish candles, how many people are currently betting a retracement will occur? That's the question I ask myself when I study recent and current price action.
118 is unfinished business for short sellers with 117 also in the cards if 118 does not show signs of respect.
This goes in line with my bullish bias for US10Y.
My philosophy is...
There is usually a very tight correlation between the bonds market and the yields but what we have seen
especially on Friday is price action moving in tandem to each other.
Yields closed bearish whilst Bonds had a shift in market structure whilst closing bearish on the Friday which indicates something will give soon!
121.02 was my expectation for this weeks...
With Yields and bonds having a reverse correlation, I am expecting bonds to continue trading higher, targeting the 121.02 EQ range.
My philosophy is simple...
Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.
This includes;
- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
-...
With projected longs in the yields markets, I was anticipating a continue in the reverse correlated pair, bonds in which I wanted to see us run on daily sell stops, stretching for the 116.17, 50% equilibrium.
What we got was a sweep of daily buy stops with the possibility of a continuation up to the psychological number 120 which I would be awaiting a rip through...
TVC:US10Y and CBOT:ZB1! are strong reverse correlation between each other and with last weeks price action proving to be mainly bearish, I do not believe the pain to the downside has ended...
With TVC:US10Y Thursday's daily bearish hammer forming @ the bullish order block created on Monday, we witnessed a bullish shooting star in CBOT:ZB1! , Thursdays candle...
Next in line is the T-Bond Futures market with the chances of this asset doing the complete opposite of US10Y 98% of the time.
Observing my bias, the biggest risk I face is the ZB1! repricing sharply next week to capitalise on the buy stops above all the short term and intermediate term highs up to 121.10.
Moreover, the overall sentiment on bonds is bearish...
We saw 6 high impact news released to the market yesterday and it gave me the volatility needed in order for deep liquidity pools to be tested, namely CME_MINI:ES1! daily bullish orderblock located @ 4976 since I was anticipating shorts yesterday to sellside levels.
Any day that has more than 3 high impact news releases, expect some form of volatility. If not,...
All in the video, decided to do it early because I'll be away until Monday. SPX could continue slightly higher, but I don't think it gets past 4450 as of now. Other markets are at interested support zones.....
Have a nice long weekend!
In this update we review the recent price action in the 30Year US T-Bond futures contract and identify the next high probability trading opportunity and price objectives to target
*Past performance not indicative of future results
In this update we review the recent price action inthe T-Bond futures and identify the next high probability trading opportunity and price objectives to target
*Past performance not indicative of future results
A review of the price action from the European session and the US session.
European markets were hammered lower on the back of concerns for Credit Suisse and the broader banking sector. The DAX and UK100 were hit hard while the key US indexes held up well considering the fear in Europe. I expect that there may be some catchup from the US if things get worse and...
Is the UK bonds or the gilts the culprit that trigger the global bond markets meltdown? Not exactly. In fact, in April this year, there were clear signals that the global bond markets were already in trouble, and we will discuss that.
Content:
• Why we should not blame it on the U.K bonds, then who?
• How to overcome this global bond crisis?
Disclaimer:
• ...
Bond are bearish and continue to show signs of breakdown. Note we are in unique territory in terms of volatility expansion to the downside that could change anytime with a dovish signal from the fed that we all know if coming. They don't have to wait for a meeting to cut rates. Really any dovish language from the FED will be bullish.
Hey fam. Here we are looking at bonds. It's not news but bonds in a bear market. BOE had to start buying after the new PM cut taxes and sent their own market into crisis. Does that mean the FED is going to too? Yeah probably, but soon? Kinda doubt it. Watch this bear flag on the hourly to see what Mrs. Market thinks.
