This chart is a projection of what how the US Treasury Bond yield may retrace back down following the recent upward spike. The chart uses Fibonacci retracement and a Fibonacci time scale that seems to have aligned with many of the major movements in Bond Yield over time.
Nonfarm Payrolls measures the change in the number of people employed during the previous month, excluding the farming industry. Job creation is the foremost indicator of consumer spending, which accounts for the majority of economic activity. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading...
Intraday Charts have flattened out and are currently consolidating for a possible bounce. Keep in mind the overall set up is still bearish, with the 2 hour chart and Daily chart with a downtrend set up. May be a good opportune to reposition yourself on the ride down.
Be aware of the cost of roll premium...HODL doesn't apply! In this game its about 'timing the market', not 'time in the market'
VIX is moving in tandem with the MOVE index (a proxy for bonds volatility), which should abate in the near term as the FED clearly stated that they are watching risks of tightening conditions carefully, and the MOVE index is already at a critical point.
Following from my previous post on the 3rd of march, the VIX went from 23.83 to a high of 31.90 and closed at around 28.57 as of the 4th of March. Perhaps a lucky call on my part. The signals may now suggest that the VIX has topped out on the 4hr chart and may go into a cooling off period. Please note, this idea is shared for educational and discussion...
I'm not currently short -- completely in cash -- just tracking the trend. All technical indicators point downward towards the bottom of the broadening descending wedge . That long wick bounce off the lower trendline is calming for some bulls who are looking for a potential long entry. However, it's also a major inflection point to a previous double bottom we...
I know it's hard but this is the test of your diamond hands hold good companies
I'd say we nailed it. But, wait for the real move, it hasn't happened yet.
A surprisingly dovish Powell just disappointed his loyal followers, with a beat around the bush response to the seemingly out of control long end of the curve, and made zero mention of the upcoming SLR exemption. If banks don't get an extension on this, they're going to have to sell treasuries to cover the reserve requirement. 2% here we come!
Global futures are mixed on Wednesday morning, while the US majors are extending losses, after an ugly session yesterday, which saw the Nasdaq (QQQ) lose the critical neckline, after losing the 50 day MA earlier on in the week. The SPY is poised to open at the 50 day MA around 380.70, which has acted as strong support as recently as Jan 29th. If we see a break...
vix can grow but we see 2021-2022(zigzag) bullish market on sp500 dax dow even gold so on vix looking for sell on high ,not buy
The VIX (Fear Gauge) is picking up momentum to the upside and that is never good for the S & P 500. Intraday charts are almost done consolidating and have even begun breaking down. Seriously, we lose $380, then $374 is next, we lose $374 then its a free fall and fast down to $360. Trade Safe!
Gotta hold this neckline or it gets ugly very quickly. It's not only tech, the entire risk on trade will unwind fast. My guess is stimulus gets us back above if we do happen to peak below. Needless to say, it's slippery so act accordingly. Taking all PTP Trend Trader shorts all week. Will look to take the long trades after liquidity injection.
For starters, spy hit my target perfectly from yesterdays post: Secondly, we are in the midst of finishing the final wave 5 structure on the largest possible degree (dating back to the 1800's. Currently I have this 5 ending at 4083.50, but I wasn't sure how we would get there until today. >Sub-wave 3 impulses out of the rising wedge which spy has formed since...
The Gamma Bubble is about to burst. - High implied volatility on VIX... Barely moved during the market selloff on Friday. I think when indicators that usually inverse each other stop correlating with each other, investors are just completely exiting the markets. - Over $100 Bn in bonds liquidated... Liquidity in the bond market was the only reason that I was able...
After a relatively weak day yesterday across global markets, US futures are seeing some light volatility this morning with the S&P hovering around 386.40, the Dow at 31,400, the Nasdaq at 13,000, and the Russell at 2,236. European markets caught a light bid, while Asian markets were up notably. After seeing one of the best performing days for global markets sine...
Hopefully you opened up a long position last Friday (see post linked below) or during the premarket trading session today. You would have got in at a good price and rode a massive bullish trend today. Based on closing price action, guessing most of you held on who did. Here's a look ahead this week: The FinTwits are enraged by the price action today. Lots of fits...