I find the position of Bonds very precarious going into this week. I've heard it said that Bonds are are in total "hands off" mode or "anything but bonds" is said right now. Nobody wants them... and if they fall fast it could literally cause a "Bond Crisis." So this is going to be an important watch.
In the shortest time frame I see a potential Leading...
ZB: We got a sell signal based on COT Data in direction of weekly down trend. The correction of weekly trend ended. On daily chart we are in a down trend again. I am waiting for my entry pattern to trade this market short in direction of weekly down trend and cot data.
Last week’s projection was short throughout the week and boyyy did we get shorts!
Monday got the ball rolling with a bearish decline of -1.67% with all further retracements not fulfilling the open of Monday’s trading, insinuating that the bulls are loosing strength. To confirm this bias, we can clearly see on Friday that smart money tried to sweep buystops and...
Notice when bonds decline, yields appreciate?
Thats due to the inverse correlation in price action.
115.10 weekly OB was respected this week but price action failed to close below indicating some form of retracement in the cards next week.
112.27 is another weekly OB that i have in mind that the algorithm could reprice down to with bullish yields on upto the...
ZB1 continues to trend lower, with a brief respite after finding support liquidity on Tue 03 Sep '13. This occurred alongside a favorable market environment following a drop in inflation. However, after Q1, the Fed announced that interest rates would remain fixed until 2025. This has led to a continuous decline in ZB1, targeting lower lows and aiming for...
I decided to mark up this chart for entertainment purposes as I do with all other of my ideas.
Since I firmly believe that the markets are due for a major correction, Bond prices(less risky assets) should rise.
In my humble opinion..............
I will be looking for a false break reversal sell around NY session time to poke above the high a tad and continue in the down direction.
This market is in a downtrend and is making lower highs and lower lows.
I will expect a deeper pullback at some time to retest the 200sma again.
This of course depends on how it plays out tomorrow
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
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
-...
