Thursday is the only day throughout the week that the bulls showed their strength. Overall Sentiment has been bearish throughout 2024 with things not looking to change anytime soon, especially if the long term highs @ 120.20 is not taken care of by the bulls. 116.21 daily liquidity void is where I have my eyes set to if we are to see yields continue it's bull...
After Monday's sell-off, bonds continued to trickle higher, running through the weekly highs @ 120.06 closing for the week @120.14. Last week, I set out two bullish projections; 120.08 being T1 and 121.01 (now updated to 121.02) for T2. This weeks first target is 121.02 with a possibility for a continued bullish run up to the daily liquidity void starting from...
With bonds 90%* of the time doing the opposite to yields, its safe to say the bond market has a higher possibility of continuing the rally up to weekly swing high/low equilibrium @ 120.08 with a stretch target of 121.02. Playing safe this week and only aiming for low hanging fruits as the overall price action for the tickers I analyse does not give me all the...
Looking to sell US Bonds at 118.18 limit, technical patterns showing possible resumption of downward pressure. Stop will be 120.01, target will be 117.23
Hi there, Bonds are set to surge after the Fed rate decision. Watch ZB1 for long during the Fed meeting today and look for long. if it dips and test low look for buy at bottom. If rise during the Fed meeting and dont test the lows then keep adding for upside. Good Luck
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...
So I think stock indeces will get higher (Russell, Dow Jones, S&P ...
Hi there, T-Bond Futures is set to push higher for next bullish leg. Its already away from lows. Watch bottom and look for next leg higher. Good Luck
Have in mind the relationship between treasury bills and stock indices
Looking for bonds to resume downtrend as rates may not go lower that quickly.
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...
ZB is a beautiful asset to be long, price action is up 10 and 20 MA and the simple MACD has a crossover signal below the 0 line, ultra bullish for the bond market!!!
This chart of long term treasury bond futures indicates an impulsive move off of the October 2023 low. Since that impulse topped out in a first wave (or an A wave), price has retraced very nicely into the expected depth of correction guideline of the fourth wave of lessor degree. The correction unfolded as a double zigzag that met a the alternate wave guideline of...
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,...