Medianline
US Bond Yields At Median lineLooking at the 30 years. There seems to be a lot of movement on the bond market that the financial media has been totally ignoring!
The bond yields reached a high of 3.46 November 2 2018!
These heights were broken when the price broke and Closed below the 3.4 level
The current yield is showing an uptrend. The uptrend is an extension of the Fibonacci area.
USDJPY Bearish Bat Turns into A Bullish oneBearish Bat of very late November gave a D point sell with a Median-line confirmation.
The resulting sell-off blow through traditional targets stopping at .886XA and a 1.5 extension of the Median-line.
Look for USD strength here vs the JPY.
S.
Bitcoin: More Room to the DownsideAfter a sharp impulse to the down, price in Bitcoin has been in a consolidation for quite a period of time, and what I personally anticipate is the next impulse to the down. In this 4h chart we may see that while correcting to the upside, price was rejected at the sliding parallel of the downsloping median line - a good sign that resistance holds and most likely the correction is about to end.
Watch closer for a breakout below the red line (corrective structure) and start looking for shorts with potential tp the $5500 level.
