TNX
$TNX & short term yields breaking support levelsWhile the #fed reserve has made it clear they're not stopping rate increases yet, #bonds yields put a top in days ago. $TNX actually did it some time ago!
We noticed certain sectors, like insurance, began lowering premiums done time ago. Did they know something was start didn't?
Small community banks are getting crushed and if rates crater it may alleviate the balance sheets of those remaining.
Anyway, the fed tends to overdo everything they do. Many are calling recession or something much harsher. Time will tell but banks going busy is not a good sign.
$TNX is weakening, no longer holder better vs short term Yields$TNX has held better than short term #yields but could this be changing now?
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The 2yr & 1Yr are holding.
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Of course, it's early in the trading day so we'll see tomorrow morning how things go.
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In reference to the post last week on #yield in 2008, we need to keep an eye on TOPS in these #bond yields.
It took 1 year at that time before there was a lower high. IMO will happen MUCH FASTER. Perhaps 6 months tops, no pun intended. :)
#stocks #cryptotrading #rates #interestrates
Dollar & VIX ripping, Yields cratering, Stocks fallingGood Morning!
We've been mostly cash when it comes to #stocks. Been defensive as we have #GOLD #SILVER #BCH #BTC (#crypto #altcoins in personal) some $VIX & some bigger VALUE names, added some more today $AMGN $VZ as examples.
We've reduced the exposure as the direction seems south but anything can happen.
FEAR is the word. #Dollar ripping again & bond buying.
$DXY looks good & bounced off of support.
Look @ yields CRATERING again.
1Yr & 2Yr #yields COLLAPSING!
10Yr HOLDING MAJOR SUPPORT & back at level it was 2 days ago.
We noticed something some time ago & will post soon.
$VIX is trading in a new range now & closing in on the TOP part of range. 2 things can happen here. Either we rip through, likely causing a COLLAPSE in #stockmarket OR IT pulls back to the 23ish range and keep in this new range & fear eventually subsides.
$TNX Bouncing nicely as are shorter maturity YieldsWas kind of expected to get some bounce from #Bond #Yields.
The last two days, especially yesterday, was RARE in yield price action. It happens but it's rare.
The buys could have been investors trying to take advantage of higher rates being that they are "expecting" the Fed Reserve to lower rates.
We mentioned that most yields, when we posted, were at or close to support levels.
So the bounce we are getting today is not unexpected. Furthermore, the gap from two days ago attracted and it is filled today.
$TNX was also oversold.
Yields from here are tough to gauge but likely go a bit higher.
$TNX US02Y are CRATERING, Yields falling hardLast week we mentioned that #yields cratering like they did was not normal.
Currently they are all at support with $TNX holding better than short term yields. The 10Yr has BOUNCED a bit off support.
In a positive note it does lessens the inverted Yield curve :D
We'll see how this scenario holds.
What's happening today is more SPECULATION than anything else. The belief is that the #fed will stop raising rates due to the the bank closures that are happening.
IMO I don't think it'll stop them but MAY slow them down a bit.
The Fed Reserve HAS to pick between #economy & #stocks.
While the Fed has been friendly to equities and markets in the past its main concern in the US Economy. They also care about the US #dollar.
$ETH is again @ a major inflection point$ETH looks the best it has in weeks.
#ETH, like #BTC, gapped up & the volume is good. However, it's being stopped by the MAJOR DOWNTREND it's been in.
RSI looks good, momentum is there, & this means that we could very well be @ a point where it breaks this LONG DOWNTREND.
This is HUGE as it would be extremely bullish for #ethereum. That in turn would be VERY GOOD for #altcoins.
Amid all this chaos, why?
Could be the extreme weakness in the US #Dollar, #yields CRASHING, or could be the recent pump by takeovers, like #HSBC, & FDIC.
More on rates $TNX & $DXY in another post.
This is certainly going to be interesting. We could be @ the beginning of a BULL cycle for #crypto. BUT, PATIENCE.
Yields are CRATERING - WHy?The Debt Market is significantly larger than the #stockmarket so it's VERY IMPORTANT what happens there.
It's way too early to see data but, JUST A HUNCH, this is most likely the #FED stepping in & buying bonds trying to calm the markets.
This is not normal to see #yields cratering so much.
The 1Yr is off almost 3.26%
The 2Yr is off 5.01
The 10Yr is off 5.33%
This is causing more of an inversion to the yield curve.
On other news, banks faltering isn't helping the case for stability or easing the fears of #economy being in turmoil.
Japanese have been selling bonds, have Yields peaked for now?One of the reasons US Treasuries, and other bonds, have been selling off is the dumping by Japanese investors.
All duration #YIELDS have done well but more so the shorter term. The Inverted Yield Curve has widened over the last few months but has been significantly lately.
However, today we see the 1 & 10Yr ($TNX) selling off but the 2 Yr is CRATERING! Interesting.
Also interesting is that volume has been waning for investment grade and high yield bonds. Liquidity could be an issue later on if this continues.
𝟭𝟬-𝘆𝗲𝗮𝗿 𝗨𝗽𝗱𝗮𝘁𝗲: $TNX Monthly. Moving higherAfter months of consolidation the move higher looks to be starting 👀
As a reminder, this broke out of a 40+ year down trend. Higher rates may be here for longer than you think ...
$TLT $ZN_F $ZB_F $TYX $DXY $ES_F $SPY $VIX $QQQ #Tech #Bonds #Rates #Trading 📈
Longer term Yields outperform short term, VIX rangeboundThis week will decide what happens for the intermediate
1yr kind of stagnant
BUT
2yr #yield is RIPPING!
$TNX 10 yr is RUNNING > NOT GOOD
$VIX lower high but not lower low
Again, this week will determine the month of March
BULLS beginning to lose steam
#stocks $DJI $NDX $SPX
$DXY is pumping again & so are yieldsFrom Friday
People discounted the US #Dollar $DXY but it came back beating historical tendencies (usually breaks lows before eventually coming back
1, 2 & 10 Yr $TNX
Huge inverted #yield curve =expecting turbulence short term
#inlfation may FORCE #FEd to keep raising bit more
1Yr broke recent highs - Long term this could be dangerousShort rates flying (up to 1Yr #yield) Already broke previous highs
Compare to 2 (slightly lower than previous highs) & 10 $TNX (chart tells story)
#Market trading = #inflation higher vs #Fed expectation of 2%
Markets not expecting recession or lower inflation
NO soft landing - party on
But that'll mean eventual HAWKISH FED
Dilemma
#stocks or #economy, only 1
Data on $DXY $TNX & 2Yr YieldPosted 1 thing on #DXY since the quoted post
Was just observation
Normally would've said that #DXY was done BUT
held back because something didn't look right
$UUP shows $ coming in last 2 days
$TNX & 2yr #yield support held WEL
Pumping actually
#GOLD #SILVER #Crypto #stocks
$TLT: Keep an eye on this$TLT has reached the end of a huge weekly and monthly down trend, and made me think it could be a long lasting bottom for fixed income here. Question is: Does this low hold after the next FOMC or not?
The daily chart shows a setup where a daily uptrend is set to expire by tomorrow, which could mean the current advance is over, or, perhaps, it needs some time sideways to build for a new move to the upside over time. If you can figure out what bonds will do, you have pretty big odds of getting all the rest right overall, so I'm extremely motivated to figure out what comes next here.
Keep an eye out for the daily signal outlook here, and be on guard for a weekly scale breakout to the upside to buy or add to existing longs.
Cheers,
Ivan Labrie.
AW Bitcoin Analysis - The Macro View Aligns with the Waves...In this video I explain why I believe the waves line up with the macro thesis.
Short term; the waves are an amazing tool especially when you use AriasWave for analysis.
The bigger picture though, has its own list of fundamental reasoning behind it.
The point is that as I go through the interest rate chart alongside the Bitcoin chart, it only takes a bit of logic to see what is happening here.
Bitcoin is a risk asset and during times of increasing inflationary pressures built up over 40+ years of stimulus, eventually the problem becomes too much to bear.
The FED and other central banks are stuck between a rock and a hard place when it comes to appeasing investors.
It has become too difficult to make everyone happy all in one go, not that they really ever cared about Main Street.
I always like to use the boiling frog analogy, it's only when things get really bad that everyone starts to take notice.
Unless you have been living under a rock it's not hard to see that constantly depreciating your currency eventually starts to affect the whole world.
As a result, the general population find themselves under immense financial pressures and have less dry powder to invest in these risky assets.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
2Yr Yield creeping up slowly$TNX is closed atm but if the 2yr is an indication it may open higher
We re-entered long yield after FED day in DEC.
Sold puts on $TYO & bought common
Didn't go heavy because Monthly chart is a tad tough.
Weekly 2yr trading decently above avg's again
So far so good.
We were bullish on STOCKS but that was late Oct/Early Nov, then went bearish for a bit, & are now NEUTRAL.
EDIT:
Keep in mind that in BULL MARKETS items can remain OVERBOUGHT for long periods of time.
10Y Rate - Headed HigherToday you can review the technical analysis idea on a 1W linear scale chart for 10 Year Treasury Yield (TNX).
In December 2021, I posted a chart showing that the 10Y rate was going to go much higher. I was exactly on point almost to the exact number.
Today I was reviewing the 10Y rate chart and saw the RSI formed a double bottom base with the 10Y rate ready to make another move higher. I also added in the Keltner Channel indicator which shows that when the 10Y rate is higher than the median line, there is a strong chance it touches the top of the Keltner Channel. I see the 10Y as well as other long term rates going much higher as shown in the chart.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #millionaireeconomics