Here's an other SELL signal of ZN1. You can trust it for at least 4hours from now. i like to keep it clean and simple so anyone can understand.
I've set out what I see as the major topic of conversation / concern thats in financial markets currently as we approach the key resistance level of 1.5% in US 10Y Yields.
While the bond market blood bath may scare some, I believe it is an opportunity to catch a fly with chopsticks Mr. Miagi style. The narrative that bonds are selling off because of inflation fears is oversold hype and Guggenheim's CIO Scott Minerd and PIMCO's head of short-term management Jerome Schnieder...
Bonds were in the downtrend since March 2020. A larger H&S pattern is in play. Its right shoulder is being developed. The most recent retest of the 61.8% level provided a decent reaction. It means buyers are closely watching the price movement and took a shot to stop the bleeding. This could be an opportunity to enter the market on the long side and hold for a...
One of the hot topics in the market recently has been the rising bond yields. The US Government Bond 10 year yield traded this week inside a Zone that has formerly been (from 2011 to 2019) a long-term Support level as clearly illustrated on the chart. With the RSI on the 1W time-frame also entering its Resistance Zone (holding since 1996) and the MACD approaching...
Same formation as before. Would be nuts if this continues and definitely says something if it indeed continues. This is happening world wide not just in US. Let's see if someone steps in on these narrowing trends. That's all folks
The 10 Year Treasury yields have bounced aggressively from all time lows. However, we are not at the August/September 2020 lows which coincides magically (lookup the gold number found everywhere in the Cosmos) with the 38.2% fibo retracement from the highs to the lows. If rates go sideways or correct from here, we're likely going to see a bounce in the Nasdaq...
Hello traders! Today we will talk about 10Y US Notes (treasury bonds) and its correlation with gold. Well, as you may already know, treasury bonds and gold are in tight positive correlation and gold is currently down mainly because of 10Y US Notes. However, a decline looks corrective as we see 10Y US Notes trading in an A-B-C decline, while gold is in a more...
Insane correlation here. Looking at last year's convergence, it took 66 days & 44 bars to be at new ATH on TLT.
As i am seeing the crash of Nasdaq it is comparable to the march of 2020. Yesterday Bond market also gave us a hint of coming up with the carnage. Keep your trailing stops posted
Today was quite an interesting, and most likely historical day following the shenanigans of $GME. For me, it was a day to sit back, contemplate, & construct questions into the future of the economy in Canada. Please bear with me as this is my first idea, and I am admittedly a new trader (One year so far). Comparing 3 types of bond yields: 10Y, 2Y, and 3MO has...
Gold dropped below 1800 today to test the support 1970 support zone and grab liquidity. It has now done so and jumped back up above indicating that buyers are now in control of the market. Expecting a move back up to 1830 before we see price drop again in March. I will be cashing into this move alongside my Account Management investors.
Current price action in $DXY is a strong analog of that in November 2020. Funds are short, and while the direction of the trend is down, a strong rally could impact recent gains in commodities and potentially have negative impact on equities and bitcoin.
After a devastating drop due to rising 10-year yields, the VGLT treasury bond fund is sitting right atop strong support at both the 200-week moving average and the 50-month moving average: My guess is that for purely technical reasons we get a little bounce from here, with a green day for bonds and a red day for financials tomorrow.
Since 2018, Gold has pretty closely tracked the inverted real yield on 10-year US Treasury bonds. Recently, however, a fairly large gap has opened between the two. Will gold close the gap with inverted bond yields, or vice versa? Generally speaking, it looks like gold has led bonds for most of this period. That suggests that gold investors are a little quicker to...
Hey there, thanks for reading my idea! This isn't financial advice. Remember to do your own DD. Investing is risky. This is connected to my "Feeling Overextended?" idea which can be found here . An important metric to watch when determining whether a recession is imminent is the inversion of the Treasury bonds yield curve. Most specifically, the 3-month, 2-year...
These ratios are KEY to understanding the valuation of the marketplace, SPY/GDX being just one of many. Either equities are going to fall, or mining stocks are about to explode. The latter is in my view, exceptionally unlikely, as we see bearish price action in gold across many of the major G20 currencies. IF there is anything that a gold investor should...
Building on the last chart I published, I have added some additional markings. Vertical lines indicate trend resistance levels of the ZN1!/ZB1! directly corresponding with bottoms in TLT.