US10Y
US30 TO NEW ATH OF $43,050 (UPDATE)🚀Remember this US30 analysis I posted back in July calling for a new all time high?👀 This analysis worked out to perfection! Market is now up 5,990 PIPS (18% growth) from our POI😍
Whoever invested into US30 when this analysis was posted, you should all be up now & running in deep profits as we have breached new all time high's!
GOLD SHORT TO $1,895 (UPDATE)📉As the Dollar pushed up yesterday, we saw a nice sell off on Gold, with 300 PIPS downside. Still waiting for our 'selling confirmation' zone to be hit & to confirm a break of structure. Will possibly move our selling zone higher over the next few days depending on the structure that Gold creates. Till then I'm sitting on the sidelines📉
DOLLAR INDEX LONG TO $108 (UPDATE)📈With the help & manipulation from CPI data, the DXY is now pushing within our technical bias. We saw in the previous days the $103 low's get taken which would have trapped in new sellers, now CPI has come in & liquidated them.
Previous Inflation Rate: 3.9%
New Inflation Rate: 3.8%
GOLD SHORT TO $1,895📉Gold moving very choppy to the upside, despite a positive NFP figure. We're seeing a trap form which'll keep enticing new & new buyers into the market, before we see a reversal. Waiting for a break of structure once our 'selling confirmation' zone is hit, which is when we will short the market. Till then I'm sitting on the sidelines📉
US 10Y TREASURY: currently without doubtsDuring the previous week the market was pricing released job data in the US. Increasing unemployment rate boosted investors expectations that the Fed's rate cuts are round the corner. Also it has been confirmed through the Fed Chair Powell`s testimony to the Senate, with wording “at some point” during the course of this year. Although, initially, it was expected that the rate cut might occur in May, currently the odds are 80% that it might happen in June this year. Treasury yields were aligned accordingly. The 10Y US benchmark rate slipped from the level of 4.2% at the start of the week toward the 4.0% as of the weekend. Such a move was a clear sign that the market has no more doubts that the rate cuts are coming.
Inflation rate for February as well as retail sales in the US are set for a release in a week ahead. Any surprises on this side might impact some volatility on the markets, however, without a significant move toward either side. The 10Y Treasuries will continue to test the 4.0% with a low probability that this level might be breached. On the opposite side, some moves toward 4.1% are more probable.
Bearish Yields Could Send USDollar LowerUS Yields have topped back in October 2023 with sharp leg down, which is from Elliott wave perspective first leg A of a deeper A-B-C decline that can send the price back to the former wave 4 area to 3.25% - 2.5%.
At the same time, we can see USdollar Index - DXY also turning down due to a positive correlation with Yields, we just saw some divergence in 2023.
Currently we can see some recovery for the USdollar, as Yields are in a corrective rally within wave B, but as soon as wave C shows up, USdollar can be back to bearish mode.
If we respect technical analysis, Elliott wave theory and positive correlation in the markets, then Yields could send USdollar - DXY lower away from important trendline connected from the highs soon.
GOLD SHORT TO $1,895📈Re-analysed our entire wave count as Gold decided to go ahead & create a complex Wave 5 completion. Instead of finishing Wave X at the 2023 high of $2,141 we saw a steeper move, creating a new all time high at $2,165 taking out a lot of sellers.
⭕️Wait For A BOS (Selling Confirmation) At $2,123.
⭕️Overbought & Choppy Market Conditions.
⭕️DXY Strength Incoming Soon.
US10Y Touched its 1D MA50. Time to rebound?The U.S. Government Bonds 10 YR Yield (US10Y) is expanding the new Bullish Leg, which we gave a buy signal on last time (January 24, see chart below):
Yesterday it touched the 1D MA50 (blue trend-line for the first time since the February 05 break-out. During the previous leg of the 1.5 year Channel Up, the 1D MA50 held all the way until the formation of the new Higher High.
As a result, we are bullish as long as it closes the 1D candles above it, with our 5.000% Target intact.
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US 10Y TREASURY: it`s clear to the market Based on the moves from Treasury yields during the previous week, it seems that Fed's rate cuts are coming. This is what the market is saying, however, we still need this input from the Fed. At this moment, it is irrelevant whether it will be at March`s FOMC meeting or later within the course of this year, the important thing is that the market is now certain about it. Still, what we do not know at this moment is how many rate cuts will occur. The 10Y benchmark rates dropped down during the week from 4.31% down to 4.18%. This was a significant move toward the downside, which sent a signal over market certainty.
In a week ahead it could be expected that the market will test the 4.20% level. A move toward the lower grounds could be questioned at this moment, taking into account fundamentals set for a release within a week ahead. There are non-farm payrolls for February and unemployment rate data, which could bring back some volatility on the market. There is also Fed Chair Powell testimony on March 6th, which the markets will watch very closely. However, based on current charts, there is a low probability that yields could go back to previous levels, they will rather oscillate around 4.20% levels.
Why Central Banks Buying Gold & Institutions Hedging the Yields?While many of us celebrate the stock markets reaching new highs, central banks worldwide are actively purchasing gold, and institutions are hedging into treasuries and yields.
Interest rates are determined by the central banks whereas Yields are determined by the investors.
If you choose to lend or borrow money over a longer period, such as 10 or 30 years, you would typically expect to earn or pay more interest for this extended duration loan contract. However, currently, we are witnessing an inversion of this relationship, known as the inverted yield curve, where borrowers are required to pay higher interest on their short-term loans, such as the 2-year yield we're observing, compared to their longer-term borrowing.
2 Year Yield Futures
Ticker: 2YY
Minimum fluctuation:
0.001 Index points (1/10th basis point per annum) = $1.00
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
GOLD SHORT TO $1,895 (UPDATE)📈We are still bearish on Gold mid term & waiting for buyers to take out liquidity & reach our POI. Only then will we look to enter sells. Currently not in any short term buy's, but will keep an eye out to see if market structure offers an opportunity. Our main bias is still sells🤙🏽
Crypto bull-cycle started?US01MY just crossed-up US10Y, which -if history is any guide- indicates an impeding long-term crypto market reversal and signals the start of a new bull-cycle .
Given my previous prediction for BTC to bottom out at $9.5k - $10k, I expect a strong market shake-up in the upcoming 2-4 weeks .
Good luck all.
GOLD SHORT TO $1,895 (UPDATE)📈We are still bearish on Gold, but still looking to short from $2,100+ due to all the pending liquidity sitting above. If Gold closes below the current Wave W low, we can look for short re-entries from that price point. But as of now I am more confidence in this analysis.
Will look for new, short-term buy positions if market structure offers an opportunity to do so. For now sitting on the side-lines & exercising patience🤙🏽
US 10Y TREASURY: rate cut on a long stick It seems that the market would have to wait longer than initially anticipated for the first rate cut. The FOMC meeting minutes revealed during the previous week showed that Fed officials are optimistic regarding the outcome of already taken monetary measures, however, they would like to be certain that the inflation is clearly on the road toward the targeted 2%, before they decide to make a move toward lower reference rates. The market reaction was further increase in Treasury yields, where the 10Y benchmark reached the highest weekly level at 4.34%. Yields are ending the week modestly lower, at the level of 4.25%.
In the week ahead there is PCE data scheduled for a release. In case of any negative surprises in data, the Treasury yields might move to the higher grounds, at least till the level of 4.4%. Still, in case that there are no surprises, then there will be further relaxation in yields, at least till the 4.20% level.
US 10Y TREASURY: to be or not to be a rate cut?During the previous period investors had been pretty confident that the Fed might cut interest rates in May, however, the latest published inflation data for January made them rethink expectations. Namely, as January inflation came higher than expected, the reaction of the Treasury yields was imminent one to the upside. This move was additionally supported by the released producers price index of 0.3% for January. The 10Y US benchmark made a move during the week from 4.15% up to 4.31%.
In the week ahead there are FOMC Minutes scheduled for a release. In case that there is no news that the market did not priced in until now, then it might be expected some further volatility on the market. In the opposite case, some relaxation in Treasury yields should be expected, but not the significant ones. It could rather be a move toward the 4.2%.
😳 TREASURY-BONDS COLLAPSE IS JUST ONE STEP AWAY TO COME BACKThe collapse in Treasury bonds in 2021-2023 now ranked among the worst market crashes in history.
Since March 2020 to 2023 fall, Treasury long term bonds with maturities of 10 years or more have plummeted over 40% while the 30-year bond had plunged over 50%.
That's just under losses seen in the stock market when the dot-com bubble burst.
The bond rout was worse than the one seen in 1981 when the 10-year yield neared 16%.
The bond-market sell-off that's sending yields soaring is starting to eclipse again some of the most extreme market meltdowns of past eras.
Those losses are nearly in line with stock-market losses seen during the worst crashes of recent history — when equities slumped 49% after the dot-com bubble burst and 57% in the aftermath of 2008.
Compared with previous bond-market meltdowns, long-term Treasurys are seeing one of the most extreme undoings in history. The losses are over twice as big as those seen in 1981 when 10-year yields neared 16%.
That crash came as the former Federal Reserve chair Paul Volcker grappled with historic inflation and pushed the federal funds rate to just under 20%.
While interest rates remain well below that level today, the central bank's aggressive turn toward monetary tightening in the post-pandemic era has caused a similar bond-market rout. And some traders have continued selling amid concerns of rebounding inflation, while a deluge of Treasury issuance this year has also pressured bond prices.
Technical graph for 10-year yield futures CBOT_MINI:10Y1! indicates that 52-weeks SMA support is still important for further T-Bonds pressure, while 10-year yield (unfortunately to T-Bonds holders) is still following major upside trendlines.
S&P500 in 2020 & 2024. OR ARE YOU READY FOR A NEW ONE SKYFALL!?Due to recent publications by TradingView Team and many other TradingViewers I wonder, how strong people still believe in 4-years inflation/ disinflation credit cycle, with their eternal BTC-to-the-Moon expectations.
Okkkay, Google. Let it be.. Let it be... Each coin has two sides.
Just remembered, how many Covid19-talking people were there in the room a couple months before it's happened in early 2020. The main graph is comparison between SP500 4 years ago and in nowadays.
Similar, or not? - Time will show!
//
This is the end
Hold your breath and count to ten
Feel the Earth move and then
Hear my heart burst again
For this is the end
I've drowned and dreamt this moment
So overdue, I owe them
Swept away, I'm stolen
Let the sky fall
When it crumbles
We will stand tall
Face it all together
Let the sky fall
When it crumbles
We will stand tall
Face it all together
At Skyfall
At Skyfall
// Not an investment advice
Dire warning by $JPM CEO - We've been saying this for some time.Good Morning Update!!!!!!!
The real #economy is NOT represented by #equities or other public investments.
NYSE:JPM CEO has been vocal on what has been happening but this is his most dire warning in some time. Personally, am shocked this gets air play.
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#yield pumping a bit after "hotter" #inflation than expected reported.
2 things we've been saying for some time!!!!!!!
Be in #stocks but, Have Hard assets!!!
#gold #BTC #silver
Pls see our profile for more info!!!