And there goes the the 2Yr Yield, it is whimpering. Unless something happens this is rolling over further. 10Yr Yield had a nice bounce but it is also rolling over. TVC:TNX is only 33 basis points from normalization! Short term #yield is looking very weak, 6 month and 1 Yr, not shown. More info see profile...
TVC:NDQ has traded back above the NECKLINE (from Head & Shoulders Break down) - Amazing!!! DJ:DJI has not traded above and neither has the $SPX. In this chart we see the SP:SPX illustrating the resemblance to 2022. We've been showing this chart for some time now. It's amazing how similar they are trading. AMEX:TYD is running today (leveraged bonds ETF)...
Number 1 vehicle manufacturing corporation gaining power and preparing to make a step. It has good fundamentals to make this move. The graph also looks good. Decades of accumulation can lead to a good gains.
The blue and purple lines seem to be turning up. Love me some chickun and can't wait to see what happens next.
I could see us in the 6k to 9k range for the rest of the year and then a move up for 2020 with or without a fake prior.
49 level fitting pretty well in with major cycles, plus the inminent obsolescence of the PS4 announced by John Kodera on the 25.05.2018
I posted this as neutral because it can go either way from here. I bought TYO in my 401k two days ago and shorted the future yesterday. For those who are short, this is a take profit area if support holds. I will put a tight stop loss here. A long position can be taken here depending on the price action. If it breaks support and the uptrend line, short at an...