I highly recommend you guys to go for a quick short position at the current price, there is a chance of 90 % that the price will go down and touch the support line at the price 138,27 Remember the setup might be invalidated if we lose out current local resistance
Elliott Wave view in Ten Year Notes (ZN_F) suggests that it has a bullish sequence from October 2018 low, favoring more upside. Near term, rally to 140.24 ended wave I and pullback to 133.2 ended wave II. Internal of wave II unfolded as a double three Elliott Wave structure. Down from 140.24, wave ((W)) ended at 135.25 and bounce in wave ((X)) ended at 138.3. The...
Elliott Wave view in Ten Year Notes (ZN_F) suggests that it has a bullish sequence from October 2018 low, favoring more upside. Near term, rally to 140.24 ended wave I and pullback to 133.2 ended wave II. Internal of wave II unfolded as a double three Elliott Wave structure. Down from 140.24, wave ((W)) ended at 135.25 and bounce in wave ((X)) ended at 138.3. The...
Testing a chart prediction here. This goes alongside a bias that crude oil is on the rise and this being one of the stocks that could exponentially mirror that effect. Havent drawn one of these before but could be considered a diamond bottom indicatating a strong reversal trend to probobly the 50 ma (3.40). Another way to look at it is it is breaking out of a...
Short BUB...this is what the ZN and ZB butterflies looked like when I entered the short.
We have a strong uptrend signal in treasury notes and potential for a big upside move. I'm currently long $TMF, as my proxy for this move, since $TLT was lower than 10 Year Note futures, offering a more interesting risk/reward (as per Tim West's posts). Right now, I think the move to the upside is confirmed, so, if you're not in, you could look into buying either...
Bonds usually bounce after huge sell offs before continuing to sell off. 2013 multi week sell off had mid week bounces to roughly 50% of previous week's range. good spot to buy some longer dated calls (dec?) at 126'235 for a bounce next week to around high 127s or low 128s+. RSI lowest in years, closed 4 days outside lower BB, very oversold. good...
ZN bullish ABCD and bullish bat pattern into election results (which could ruin it). This is bearish USDJPY.
This is a simple analytic piece on Gold, Bonds and Bitcoin. After the Fed meeting yesterday, the market clearly decided the fears of low rates and weak dollar were justified, with a very dovish Fed, and gold and 10 year notes rallied (and quickly chinese buyers followed suit in BTC). The interesting part is that gold has yet again broken the recent highs, which...