DESCRIPTION: In the chart above I have provided a macro analysis for 2 year bond yield on the Daily Timeframe. POINTS: 1. Since the beginning of this upward trend on January 2022 we have seen that bonds and the overall market are said to share an inverse relationship but during pivotal moments that has not been the case as you can see that the stock market has...
On March 31, 2017 the Exelon Corporation ( NYSE:EXC ) crossed above its 50 day MA for the fourth time in two weeks. Historically the 50 MA cross has occurred 348 times and the stock does not always rise. It has a median gain of 2.905 % and maximum gain of 18.413 % over the next 10 trading days. When we take a look at other technical indicators, the relative...
Historically when TSI reaches this level the stock climbs an average of 4.93% with the minimal movement of 1.25% over the next few weeks. My technical analysis has T at the top of the downward trendchannel which would signal an immediate retreat. Both options could still occur in the near future which ultimately lead down, but not before quickly breaching the top...