Bonds have seen a bit of a relief rally as we predicted yesterday. They hit the exact target we identified, 130'00, before settling near support at 129'26. We anticipate a quiet market as we go into the US hoiday for Thanksgiving. The Kovach OBV is still solidly bearish, suggesting that this rally may be just a relief rally. That being said, we do have an...
ZN is testing highs at 131'12. We have tested this level twice but are facing some resistance as confirmed by two red triangles on the KRI. The next level above is 131'20, and this will be the next target if we can break 131'12. The Kovach OBV is progressively getting stronger, but has currently leveled off. Bonds will likely range a bit until we see more...
Bonds have dipped but have found support at the levels we identified yesterday. ZN retraced from relative highs at 131'02 to 130'19. It has since rebounded and is currently testing 130'26. The Kovach OBV was quite strong, but has dipped with the retracement. We appear to be forming value between 130'19 and 131'02. If this is the case, then expect further...
Bonds have encroached on the upper bound of the range, hitting our target at 131'02. We have inched above that at present and are running into some resistance as identified by two triangles on the KRI. The Kovach OBV has picked up notably. If the bull bias continues watch for ZN to cross the vacuum zone to 131'12. If we pull back a bit, then watch for it to...
We notice that after an upward trend, the market began to decline
Then a big red springbox appears whit big volume thats mean sqeez
after that we wait for the firs green springbox with wick
thats means we can buy Because the market changes direction upwards
If you have any questions
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i've noticed in the weekly chart that, ZN will be taking a new course after being long for a while
it broke an important strong area where price is definitely is doing a movement downwards, i would rather wait for the PULLBACK on the resistance to enter market
Price remains problematic in the Extreme for Equity Bulls.
As does TLT and ZB.
We have indicated for months - breaking 1.171 - 1.762 for the
10 Year Note Yield would commence the Next Sell Off.
We shall see...
4/4 isn't complete until ZN / 10 Year Yields RESOLVE.
A break of 130.005 and close under... yeah, naw, Equities will not
hold up.
We notice a gradual decline with the Vwap indicator .In the case it can be said that it rises to the stage of the blue line .However ,it cannot be denied that the content in the analysis is subject to change at any time without notice and is provided for the sole purpose of assisting the trader in making an independent investment decision CBOT:ZN1!
CBOT
