Here is a long term view of long term US Gov't interest rates. Long term is defined as 30 years and is a common bond owned by pension funds and insurance companies and other long term investors with long term obligations.
I highlight the various ranges of interest rates as shown in these 4 boxes and the few moves that temporarily moved interest rates outside...
All in the video, a correction is likely but I don't think we crash. Final targets are still 4600+ for this particular rally. IWM and DJT caps will likely get heavily bid into the end of the year while SPX and QQQ take a breather. OIL downtrend continues, needs to get over 80 for any kind of reversal to take place. Gold could be in a Wyckoff distribution here, I'm...
All in the video, I give my reasons why a push to 4630-40 makes sense before a bigger move down. Gold and SIlver looking more interesting now, Oil still near support levels but needs to get over 78 to create any start of momentum. Yields also starting to break up to the upside which may get ignored by the market for a few days.
The Elliott wave count for U.S. 30 year yields/rates (TYX) indcate a potential sharp rise.
The most likely TYX Elliott wave count has it forming a third of a third wave up. This is the most dynamic Elliott wave pattern. In this case it implies TYX could reach the 5.00 area in a few weeks.
If this were to occur it could have bearish implications for U.S. stocks.
Recent observations indicate a potential shift in the 30-year treasury yield. This key economic indicator, which has been on a 40-year downtrend, is showing signs of an uptrend. This could mean that interest rates may not return to zero and could even increase over time.
Understanding Treasury Yields
The treasury yield can be thought of as the interest rate that...
Enjoy your morning coffee!
Macro level PARADIGM SHIFT events occurring!
Gold's 2002-2012 BULL run was amidst a BEAR market rally for 10 year yields versus #Spx.
Now, we have a much important 40 year CONFIRMED BREAKOUT as #Gold is moving up.
7 year rate of change in BULL zone.
Historical 40 year channel CONFIRMED BREAKOUT with possible CONTINUATION for 30 year yields.
Expecting #CrudeOil #Silver #Gold #Platinum #Uranium to appreciate.
Purely technical analysis of TLT, ZB and TYX. My feeling for months is that Bonds will outperform the general markets. It's possible that we've peaked in TYX and TLT could rally towards 120 and higher. TLT/SPY ratio charts also explored
Good Luck!
Fueling up still in progress for entire precious metals complex.
-30 year versus 10 year yields weekly log chart
-gold versus spx weekly linear chart
#fintwit #gold #spx #fomc #silver
Very clear reverse head and shoulders, a very strong chart pattern indicator for long term tops and bottoms, target is 3.6% yield on the 30 year bond. A retest of the neckline will confirm a very strong possibility of the target being reached.
On the macro side, I think yields will be forced lower over the next 1-5 years.
I'm looking to go all in on leveraged...
