We can see that during Market crashes the Bond Yield drops, we are at a continius downtrend.
Right now there is Potentiall for the Past support to Turn into Resistance and Indicate even lower Prices and Trend continuation.
This turning point could possibly be another indication for a crash in the Equity market.
Tell me if im wrong about that
If it bounces around 0.95 and reaches 1.4 then gold will drop more (maybe silver as well) and DXY might go to 92. Conversely US Banks might do well and the present emerging markets equities rally might falter and correct. Would such a scenario happen in Q2 or Q3?
If I were a betting man, I'd say the 10Y yield looks poised to test 1.20% as early as this week. A weak 20Y auction which saw $24 Billion in demand at a significantly higher yield than December, could be indicating weakness in the bond market.
One picture is better than a thousand words, everything is seen on the chart. We should see weakness soon and a weekly close below 0.9 could lead to a retest of the lows at 0.36. Cycle is down till mid February. In April when the triangle ends we might see a total smoke show, possibly on the upside - looking at cycles but that's for another time...
im not going to sell everything short yet, but historically, when the 55 and 200 weekly cross bullish on the 10 year - 2 year bond yeilds this signals a crash. of course we have been moving up since this cross, but the market is starting to look shaky here. this indicator certainly doesn't give me any confidence.
as shown on the chart, the last time these moving...
Pattern: Channel Up on 1D.
Signal: Buy once the price approaches the 1D MA50 (blue trend-line) which has been the most consistent buy entry since mid August. Also based on both the 1D RSI and MACD, the August leg is currently repeated.
Target: 1.250 (just under the Outer Higher Highs trend-line and the 0.382 Fibonacci extension).
** Please support this idea...
📌 ridethepig | Rate Differentials Pausing via Italian Politics
An important chart update here as we are talking "differentials" in the abstract concept of waves and TA.
We must first take notes of the previous leg which was the 1st wave and far from easy to spot, in the early game of rate differential turns, it takes a lot of energy to exploit one side the...