Gold as a value asset continues to shine brightly, having reached a new all-time high near $2,600 on Monday, September 16, marking the 30th all-time high for gold prices this year, 2024. It is also noteworthy that the Dow Jones Industrial Average (DJI) to gold (XAUUSD) ratio is gravitating to ever lower values, while the time-tested indicator of a U.S. recession,...
Retest of support after major breakout of the TLT5 exactly at historic bond moment, slope of the 20 Week SMA crossing over simultaneously. BBOT
Stocks heavily sold off Thursday (again), with the Dow Jones Industrial Average (DJIA) tumbling nearly 500 points, as investors’ fears over a recession surfaced. Some fresh data stoked fears over a possible recession and the notion that the Federal Reserve could be too late to start cutting interest rates. Initial jobless claims rose the most since August 2023....
Today, I want to analyze the US 10-Year Government Bond Yield ( TVC:US10Y ) for you in the weekly time frame . In fact, the US 10-Year Government Bonds shows the yield rate of ten-year US Treasury bonds and is a measure of investors' confidence in the US economy . As such, this index influences capital allocation across various markets and impacts...
Here's your edge: the TLT blasts off when Government borrowing blasts off, a simple case of supply and demand. The Federal Government borrowed 2.2 Trillion USD in the last 12 months, data that has been added to Bloomberg Terminals but not here on Tradingview or on FRED. I bring you a piece of the cake, friends. SOURCE: x.com
The Dollar has been pumping like crazy since last night. If you look at the right hand chart of the 8H TF, the DXY is up 400 PIPS today alone! Our $109 target might come sooner than I expected if this bullish momentum carries on.
TLT monthly candle matches the trend perfectly and is exactly at multiple strategic supports. This sort of perfection usually only occurs when the trend is long determined and the asset is simply dotting eyes and crossing tees on its way to a predetermined destination.
US10Y/US02Y vs TLT & US10Y Bonds tend to bottom at the same level of the ratio of 10 year yields to 2 year yields. Should we be using the ratio of long and short term yields instead of the difference to trade the Bond Market?
Daily RSI bullish divergence looks similar to the last two rallies
TLT/SPX Monthly RSI (8 Period Close) It makes sense to analyze the most common institutional portfolio allocation (Equities and Bonds) rather than Equities or Bonds separately. Most investors focus on Fed Funds, unemployment, the business cycle, rates, to analyze the bond market. But those metrics are poorly correlated to returns at best. When you focus on...
The US Treasury market was under influence of the posted data for the Retail Sales in the US in September, as a potential add-on to the total inflation in the country. Released data were in line with the market consensus, as the indicator was higher by 0,4% in September, leading to yearly increase of 1,7%. Without other posted data which would add to the potential...
So far a nice push up on Gold of 640 PIPS profit since last week, from our Wave V low! Currently, I am expecting a retracement back down towards $2,630 zone, where we can monitor price action for either a push back to the upside. Or if price carries on melting, we might see a deeper retracement back towards $2,580. 2 zones to monitor: ⭕️$2,630 ⭕️$2,580
Still waiting for a move lower towards $2,630 - $2,627 (Sub-Wave II). This should allow me to get in at the bottom of Sub-Wave III at a cheaper price, which'll allow me to use better risk management, when targeting Wave V around the $2,700 zone.
The quarterly RSI of the ratio of Bond Yields to Equities has only reached the current level twice in the last 100 years, once during the Great Depression and once during the Nixon Shock years.
TLT seems to bottom at a consistent level of the ratio of bonds to energy represented by TLT/XLE. TLT is currently at the level associated with macro bottoms and the start of major bond market rallies.
Option 1: Gold has been in a range today. Still expecting price to retrace towards the $2,630 zone, in order to grab weekly liquidity, before moving back up. Option 2: Gold carries on moving up towards our $2,700 target without any retracement. What option do you think is more viable?
Gold Buy Position 1: Running 10,300 PIPS in Profit📈 Gold Buy Position 2: Running 10,200 PIPS in Profit📈 Gold Buy Position 3: Running 10,000 PIPS in Profit📈 Only 3 remaining positions left. The rest of our buy positions have been closed out slowly since I called this move LIVE for you all in 2022.
Gold has successfully dropped down towards our second POI! Could possibly see price drop a little lower, but overall we are in a good buying zone. I will let price settle in the next day or 2 & allow it to form good market structure, in order for me to buy into. We've seen a 3 Sub-Wave correction (A,B,C) for Wave IV. Now time for Wave V bull run!