Description: An analysis for the week ahead. Points of Interest: ATH; Gap Above; Gaps and VPOCs Below; Absence Of Stronger Sellers. Technical: Risk-on sentiment in all major indices. Despite the Nasdaq-100 surpassing it’s all-time high, its moves have become more muted, signaling a rotation from the bigger technology- and innovation-driven companies to...
First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, the bonds market for Canada, especially for its government been quite bullish recently. The last close was at +7.07%. Although, some resistance seems to be on its way, I think the next target in price to look for...
We could see a rebound in the short term (risk off coming with double top on Nasdaq ?) but we believe that we will see lower prices this year in the bond market.
Whether you want to believe or not, study market cycles long enough and you will come to find that: ALL PROBLEMS START IN THE CREDIT MARKET...ALL OF THEM!!! ! To Wit: DHY often presages turns in the major market averages, and moreover, within corrective phases, often has a clear technical picture than the major averages, making it a good proxy for timing the...
ZB has apparently broken down from a bear wedge pattern. The level 177'30 marked a the lower bound of a significant range and this level will now provide resistance, where it once provided support. The Kovach Chande has turned negative, whereas the Kovach OBV is still relatively neutral. The bear trend will be confirmed when the Kovach OBV, which measures...
Bonds have traced out the *exact* range I spelled out for you Friday. Watch for some resistance 138'31, especially as more news of riots diffuses into the markets. The Kovach Momentum Indicators have been largely neutral. We are still in a sideways Elliott Wave correction phase, and this will likely continue unless the markets are convinced we are back solidly...
Bonds are having trouble making higher highs. Both Kovach momentum indicators have levelled off or retraced, and we have a red triangle at the high of that candle at 139'10'5, indicating a pullback is coming. Look for ZN to establish value in the highlighted region. Additionally volume has dropped off, and we appear to still be maintaining a sideways corrective phase.
US30-year bond yields are following the uptrend that we forecasted in the post of April 28. It is currently in the final stages of minor wave 1 which is part of the 5 impulse waves that should lead yields to the area surrounding 2.44%, where intermediate wave 3 should be completed. FOLLOW SKYLINEPRO TO GET UPDATES.
two big shads confirme the strongest builish of the next movement plus the volume explotion so thats a 90% BUY SIGNAL MUSTAPHA HARCHI
Please, please take the money and keep it forever. Repayment is just like interest payment - devil's stuff, that's why the investors like to pay the interest to the (above all, God like) German government, so the burden of economic decision is taken away from the investors. The honorable and cheered government can distribute the money to all big companies and...
With the market looking ready to accept risk again, and with the economic outlook improving, I think we have a nice set of circumstances for bond prices to come back to reality and come down a bit from their stratospheric levels. That said, this is the yield chart, so that move would be represented by US30Y going up because prices move inversely to yields. Not...
We moved away from previous 2-day balance (medium yellow box) at overnight and bounced back and forth previous demand zone at cash session, so it lost it's strenght. Removed it from the chart then included longer time frame value low in purple at 138'26. We can see that market has been rejecting value higher so far (tails and bottoming shown by red arrows) but as...
the market will experience an upward trend opportunity buy
Description: An analysis for the week ahead. Points of Interest: 2860-2900 Gap; 2975-2900 Balance. Technical: Nasdaq and S&P relatively strong. Russell, Dow, and NYSE are strengthening. Monday we gapped and met resistance at a low-volume area. Tuesday’s overnight broke above the high established on 4/29 and later liquidated, closing on the lows....
All technicals but as the 10yr yield drops, equities should follow. For the buy, it's a scenario to capture what would be a continuation of the reopening hype.
Tutor Perini Corp NYSE:TPC stock price plummeted hard in the last year. It went from $17ish levels in Nov19 all the way to its bottom at $2.50 during the market panic this Mar20. Since then the stock is going up (yesterday close at $7.77). Governments across the globe are planning massive infrastructure investments to support their economies. As construction ...
Bonds broke down from my H&S pattern yesterday. After such a breakdown, they are likely to range, or retrace a bit. The Kovach OBV is still very bearish suggesting there is more to come but in the immediate term we can expect a sideways correction, bouncing off the levels as I have drawn them