BEWARE OF POTENTIAL REVERSAL - OBSERVATION WEEK COMING - ZB-30MN
The T-Bond 30 Years ZB is falling when the S&P500 is rising, Shouldn't it be the opposite when the economy is not going well?
Beware of the possible super return of trends that might come soon.
What about the timing at the moment?
We notice that at open or 2h after American open an acceleration of the price movement occurs. Also at London closing time.
What about the forces?
Forces are clearly dragging the prince down but no vision in where the price is going.
What about correlations?
Opposite correlation with S&P500, ES.
Same direction with Gold, GC.
The green vertical line is at the time in which tomorrow, Monday 21st, we probably should see some nice movements if the market price follow same pattern as during the week before.
We will still observe during next week. To repeat again, beware of trend sudden reversal. Probably, you can use this chart in combination of your S&P500 trading session, going in opposite direction.
Beware of the possible super return of trends that might come soon.
What about the timing at the moment?
We notice that at open or 2h after American open an acceleration of the price movement occurs. Also at London closing time.
What about the forces?
Forces are clearly dragging the prince down but no vision in where the price is going.
What about correlations?
Opposite correlation with S&P500, ES.
Same direction with Gold, GC.
The green vertical line is at the time in which tomorrow, Monday 21st, we probably should see some nice movements if the market price follow same pattern as during the week before.
We will still observe during next week. To repeat again, beware of trend sudden reversal. Probably, you can use this chart in combination of your S&P500 trading session, going in opposite direction.
