Dollar breaks out on hourly chart.
Small caps weak but tech strong.
10 Year yield has highest ever short position in history.
Natural Gas Bullish reversal
So sorry for the canadian citizens , interest will go up , morgages will be more and more expensive , rent is going to be so high , I can't understand hoz or why but technically this is a disaster .
May God be with canadians .
Amen .
With pinpoint accuracy, the continuation heads higher. we got maybe one more pullback and another push. Let's see how the markets react in October. But I'm not betting against this.
this is my bullish trend continue idea. however wait for come key level after how to respect to key level after trend continue to up trend you can entry ,so this is my opinion only .
This chart is crude and only correlates most of the time, but it does stand to reason based on the macro outlook we are staring down the barrel of a sizeable market crash. Now the 3 lines were 2 years after the red circles. That means the bottom is likely at the end of 2023 to 2024. The best way to play this is cash, but deflationary bets might also work. Use...
A breakout of the curved trendline (parbolic trendline) is already amorced and the SMA 20 was broke. Based on these elements and a fibonacci retracement, I think that market can go down.
Today was quite an interesting, and most likely historical day following the shenanigans of $GME. For me, it was a day to sit back, contemplate, & construct questions into the future of the economy in Canada. Please bear with me as this is my first idea, and I am admittedly a new trader (One year so far).
Comparing 3 types of bond yields: 10Y, 2Y, and 3MO has...
We are going to intentionally cycle through many Yield chart updates, which will be rolled out over the next few days. The game of currency speculation must include Yield analysis to have a compromising effect.
It is evident that the exchange in control at the 0.48x lows has lead to a change in momentum. Buyers have forced the technical break and negated the...
First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, the bonds market for Canada, especially for its government been quite bullish recently. The last close was at +7.07%. Although, some resistance seems to be on its way, I think the next target in price to look for...
Here we can see Canadian 10-year yields are trying to find a temporary footing as we entered into the G20 weekend. From a strictly technical perspective we can see a double bottom forming here between 1.38/1.41, in order for confidence to remain in the basing thesis we will need to keep above here as the divergence plays out.
To the topside, a break above...
Looking at the chart we can see the 3 month yield inverted with the 10 year yield a few weeks ago so recession could be anywhere from 12-18 months out. The question is, where do we stabilize in this current down swing? Things will probably go sideways for a while before we break support and rates dive to zero. The catalyst will be nGDP figures and Bank of Canada policy.
The 10 year Canadian yield is now below the 1 year and 3 month yield, which is a good indicator of a potential recession ahead. Rates follow economic growth, so we can interpret yields as a function of the economy. These interest rates also impact the price of money (CAD interest rates). One way to interpret lower interest rates in the Canadian economy is that...
Following government bond yields can be crucial to understanding the underlying price action of banks stocks. Take this example of Canadian bonds and stocks. We can clearly see how, following a steady expansion in yields of various maturities, a trend break where bonds suddenly appreciated (yields go down when bond prices go up) the results were a change in trend...
Back in November (2018) the yield on the 10 year Canadian treasury hit the upper boundary historical trendline and reversed sharply after briefly overshooting. Fundamentally, interest rates follow GDP figures so we can use these technicals to give us a bit of a prognoses for the financial and economic wellbeing of the country... and its not looking good.
Today...
=> Global yields are on the move as we all know and have been expecting for since the beginning of the year.
=> Here in Canada we can see the same scenario playing out as we break above a 4 year high and unlock 2.80/2.83 for a test.
=> This is a major turning point for the global economy and we are witnessing it live here on tradingview. Highly recommended for all...
