With the restart of the economy and lowered interest rates, I expect to see a rise on the treasury bonds as buyers come to swallow up the cheap rates especially during this time although this surprise may be shortened due to the lag it would take to get going and unemployment rates.
Volume declining but still a bulllish formation
BB showing a clear knock on the 4HR and inching towards the higher range. If it its the outer of the 2nd bands, expect a quick rise in treasuries like Friday and Monday
Follow me for more on treasuries!
I could be wrrong but I dont beleive with the economic uncertainty the markets are facing, we are still in a bullish trend. Fibs levels are matching up nicely to confirm this aswell. Again this is all hypothetical but I am long some CAD 2037, CAD 2041 and CAD 2048 bonds. Some are hedge vs other positions but mostly long bias. Let me know what you think on my...
I could be wrong but if you take Iran out of the equation we had a beautiful double tap forming on the W chart. The signals still stand when you look at it on the D. I think we hit the trend and look for price action. Anyways just an interesting chart I figure I would share!
Late Cycle indicators. Watch for yield curve steepening. As Druckmiller says, a recession can not be official without a corporate profit recession which leads to significant repricing of equity. It appears we are at the inflection point of another 2016 or repeat of 2000, 2007...Q2/Q3 is the do or die. If we get through without negative YOY earnings , it could be...
Here is the close up view mentioned in the previous bigger view. Looks like we are only days away from the sell at the 151.90 zone.
Then we can look for a quick retrace back down to the 142.50 zone to buy again
Interesting how nicely the Harmonic Patterns have been working for 30 year Bonds. The Huge Gartley (purple) was perfect.
Will we see the next Cypher Pattern (blue) work for us? It completes point D at 151.90 zone, and should provide us with a nice sell zone.
Then we need to look out for a possible Butterfly Pattern (green) for a fast correction back down to the...
This was an experiment to find any relevant patterns or correlations between US Bonds/equities. Nasdaq was not included due to it's high %'s skewing the perspectives on the chart
Green vertical lines were "buy signals", and the red lines were sells. The result is that there definitely is some correlation here with the "oversold"/overbought" position on US 30yr...