what result will be due to bond weekly bear trend ?
and this is current 10-2 year treasury Yield spread.
ycharts.com/indicators/10_2_year_treasury_yield_spread
Note
Historical Treasury Yield vs. S&P 500 P/Eyardeni.com/pub/sp5peinflby.pdf
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anyone have idea about 'Davis double play'?I'm just learning it now.
focusedcompounding.com/wp-content/uploads/2017/06/2019_11_01_Davis_Double_Play.pdf
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no long no short and just watching. I think the big game will come soon.Note
I'll gradually collect short position when it reach new lower every time.Note
BTC crash first and then financial section, what the next? Tesla or NQ?do not touch Vix, it's under control . if you really want to short sth, just short section one by one.
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just want to remind again, if you have had any short position related with vix and already have gain, sell it and switch to others short position."soft landing" won't let it go higher. lol.
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how many banks put their investment on bonds ? and put RRSP and RESP on BTC?I can not image what will happen.let's see
Note
By the end of this week, do not buy vix related stuff.Let hedge fund play those stuff by themselves, if you really want short sth, I guess shorting tesla is better shorting spy and better than buying uvxy. just my advice.Note
again, do not buy vix related stuff. leave it to hedge fundsNote
sold all uvxy and vix position. hahaha~ will reload by the end of this weekNote
Try to long some stocks in Dow30 and Russell2000 instead of holding NQ and spy.Short Tesla and some ugly banks instead of holding Vix.
Note
that's it for today. haha~~Note
focus on vix after market around 8:00:pm. hahaha~~Note
It's reported there are about 10 countries willing to buy us bonds except china. Comparing current DXY and TLT. it might be in process, buy us$ with lower exchange rate for purchasing us bonds. if it's true, I guess TLT still need to be pulled back for those countries to buy.30% of 8500B bonds for external countries, my question is who will buy remaining 70% in us marketing? that's not a small digital number.
Let's wait and see.
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finviz.com/futures_charts.ashx?t=CURRENCIES&p=i5Cut nothing from china but still can get sth from G7.
lol.
Note
Yellen 'eager' to work with China on debt, other global challengesreuters.com/world/yellen-eager-work-with-china-debt-other-global-challenges-2023-07-16/
Argentina Repays IMF Loan In Chinese RMB Yuan
silkroadbriefing.com/news/2023/07/11/argentina-repays-imf-loan-in-chinese-rmb-yuan/
IMF SDR
The IMF created the SDR as a supplementary international reserve asset in 1969, when currencies were tied to the price of gold and the US dollar was the leading international reserve asset. The IMF defined the SDR as equivalent to a fractional amount of gold that was equivalent to one US dollar.
what game they are playing?
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which big guy will release earning report before the end of July?I'll try to short it . hahaha~~
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Focus on Treasury Yield Spread and forget about DXY .10 Year-3 Month Treasury Yield Spread
ycharts.com/indicators/10_year_3_month_treasury_spread
whenever the convergency of this spread comes out again ( previous convergency happened in 2019), it will be the darkest day of us stock market.
No one knows when it will come, but it should come because the this kind of spread can not keep going more than 15months.
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cnbc.com/quotes/10Y3MSconvergency? can not wait more days?
Note
ycharts.com/indicators/10_year_3_month_treasury_spread
let's see if negative spread will keep going deep more than 1.8%, so that it still can save NQ life. and how they will keep playing the game of recession and recover.
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fred.stlouisfed.org/series/T10Y3Mkey eyes on spread. if it keep going down, stock market will keep going up. otherwise, it will go down badly.
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10 Year-3 Month Treasury Yield Spread is at -1.60%, now.will it drop to -1.79% agin ?
"sell in may go away" ? nowau, they can adjust Yield Spread down to hell .
do you expect window dressing by the end of July?.
they also can adjust Yield Spread up to heaven
let's see it will dress up or dress down .
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cnbc.com/quotes/10Y3MSopen value -1.636
current value -1.5
once the convergence trend build. that should be final of the game.
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again , do not buy Vix related stuff unless RTY & YM breakdown the key support.Note
cherish short position in your hand except NQ short position.Note
cnbc.com/quotes/10Y3MScurrent value -1.39%
ref my post on Jull 22th
whenever the convergency of this spread comes out it will be the darkest day of us stock market.
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it's really hard job for Powell,took a day to flatter democracy party and will take another day to flatter republican party.
lol
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TLT comparing with BTCcoinmarketcap.com/currencies/trustlaunch/tlt/btc/
option 1, flow in TLT with super higher exchange rate
option 2, flow in BTC, stop loss in TLT
which way you'll select?
Neither way I will pick.
TLT trend is obviously , at least under weekly timeframe.
and BTC is also in dangerous trading area
if I were you, I would gradually buy US$ when it's lower level
and make decision later till treasure yield spread value ( between short term and long term) back to stable level.
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I guess it should be last uptrend period in 2023. let's see where it can go.
But be patient and be careful
whatever I will have a try, I just put my first buy order @28345.
before my order being filled, I'll keep buying LL and sell HH on each lower time frame.
I also need to find a good hedge for my following trading.
Note
Don not buy BTC above 28400.Note
shot it with their own bulletin. hahaha~~~Note
if you setup properly, One NQ shorting will bring you double gain.
There is enough time not too short and not too long.
Do not be rushed ,you do not need to short every position, just wait it up to target position.
you won't get it even you chase it for whole life. you'll get it easily if you just let it go
hahaha~~~
Note
Before today, I thought 28000-28400 might be support.But due to stupid pumping today, BTC will be declined another 1000points.
Let's see.
Note
they have to discuss how to deal with current situation, and it will take at least 3 days. hahaha~~Note
The ignorant are fearless.Note
vix option expire day August 16th.
BITCOIN FUTURES - CALENDAR
cmegroup.com/markets/cryptocurrencies/bitcoin/bitcoin.calendar.html
and you can guess which day will be last pump day.
Note
sell BTC call @29432Note
PPI.Do not fight against FED directly.
Buy LL and Sell HH in coming days.
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PPI for final demand advances 0.3% in July; services rise 0.5%, goods increase 0.1%I will close all short positions today.
Note
buy NQ put @ 14998Note
sold BTC@29423Note
BTC bull - There is obvious top cap but no limited bottom.BTC bear - Don't be forced stand on the top.
If you really like trading BTC, buy LL and sell HH.
Trade safely and Good Luck.
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Before vix expire dayIf NQ breakdown 15000 . BTC will reach new High around 24th.
If BTC breakdown 28500, NQ will bounce up to 15400 at least.
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sell BTC call @34567. if you really have that ability , BTC would have down below 10k 3months ago
hahaha~~~~
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Uvxy & Sqqq will turn down and continue to find NEW daily LL.and real bear might come only when those cat bear burnt down
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next week, I'll collect gain from short position firstand then sell any long position once it bounce up.
sell BTC call @ 28843 till Aug 31th.
sell NQ call @ 15020 til Aug 24th
sell DLR call @ 128 till Aug 24th
sell Silver call@ 23.18 till Aug 24th
sell uvxy call@ 22.43 till Aug 22th
sell Sqqq call @ 21.88 till Aug 22th
sell BITO call @ 15.18 till Aug 31th
BITI already sold today
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US$ is still within higher price range box.Setup your own price range and grab your gain randomly, no matter short or long. and repeat ...
Note
close all short positions.Note
material and energy section will go up very soonNote
It looks like everything will bounce up except NQ and DXY.Maybe they just leave NQ to be shorter's target. and NQ will bounce up fast again till everything else calm down .
hahaha~~
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During Quadruple Witches period, only trading logical is sell anything in high price level and already reached 52weeks HH .Note
Happy weekend!! haha~~Note
sold all long position. and get ready for the next runNote
just follow marketing. if you found your trading is very hard to fulfill your target, then you might trade in wrong direction.Note
it's time to sell long position and grab gain.but it's not good time for shorting now and do not short it earlier. be patient.
I guess triple down might come very soon.
US bond/US dollar/ stock
Note
again, No matter you short or long anything, only grab gain and do not do any cut for loss . if you are not greedy guy, you'll be fine.Note
Let's see who is the best greedy guy, hahaha~~~Note
which one will go to hell soon in SPY? Financial Sector XLF or TSLA? not sure.Note
what happened? no deals with china?hahaha~~~, all down very soon! nothing can be exempted
Democracy party can do nothing and just manually made recession and recovery.
but it's good for stock trading.
hahaha~~
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hahaha~~, soft landing? that's a jokeafter they squeezed shorting shares, I'll load heavy short position.
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pump us$ and all major stock index, who will still hold stock shares? hahaha~~I already collected all gain and just wait.
I guess marketing will tell you the real trend by the end of the 3rd week of sept.
Trade closed manually
posted too much on this thread. I have to close it.I only hold NQ short position.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.