It looks like the Bond market hasn't priced in growth or we're going to see a nasty reversion trade in the materials sector and a bond pop. The Copper / Gold pair is a great proxy for inflation due to the divergent properties of the 2 metals. Copper is purely an industrial metal and a proxy for inflationary growth so the 10yr reacts correspondingly. Gold, on...
As one of my friends requested, I have made a graphical representation for him. For several days, we can see that this Bond has been consolidating within the daily resistance and the monthly support. Just a few days ago, the Bond has broken above this consolidation mode. However, as seen on the graph, this may be a false breakout as this has occurred before thus...
US1 is completing an eventual Cypher pattern and soon will be ready for another leg up. Notice a bullish divergence on a weekly timeframe: such a big timeframe indicates this last leg up will be important and will take some months to develop. But on overall return, in my opinion, it will be one of the best trades of next year. Notice as well that, despite having...
We are getting the beginnings of our Harmonic Breakout to upside this AM. Targets Shown on Chart.
Despite ZB1 can tecnically go lower, I will try to call a bottom here. Surely, Donald Trump´s election haven´t been a cause of today´s movement but indeed accelerated the things. Will long on opening, with a SL order set at 152. TP1: 170, TP2: 185 Notice bullish divergence on Weekly Timeframe and also bullish divergence on Daily Timeframe
The U.S. dollar went bid following rhetoric from Federal Reserve officials that a potential rate hike could occur in June, following hotter than expected inflation data. However, after posting on pending technical weakness here, the dollar has retreated slightly over the last few days. Price action as traded neatly within a descending channel on the daily chart,...
Potential descending triangle with volume confirmation.
Three weeks ago T-Bond saw this level. Likely to penetrate. Next level is a revisit to 140 not seen since Nov 2014. Note the high level excess supply signals in late Dec.
Make Sure no squeezes are forming in Intraday chart setup. 100% Symmetry Support / Sling Shot Entry. Watch for a TLT / ZB Reversal. Again Not betting it will make a new high, if it does, Thats BONUS.
The rally in long dated US treasuries over the past 35 years could easily be called the greatest bull market we've seen in modern times. 10 yr rates have been trending down in a near perfect channel for almost 30 years. Calling for the end of this rally has become a popular pastime. Due to the nature being zero bound on rates, the upper trend line will with...
Above is a look at the 10 yr Bond prices relative to S&P 500. The purpose isn't to look for an exact top where prices or the ratio trend may reverse but instead to see where we've been in the past and where we are at currently. Breaks in the long term down trend of this ratio have lead to large moves in the SPY, however, determining those breaks in the trend are...
No entry for now. Bonds gapped down and didn't even get close to our entry area. We will watch for a bounce...below the zone we will continue to look short.