Traders, There are two cautionary indicators that I want you to be aware of and to watch closely this week. One of them has to do with U.S. treasuries which lead our dollar strength/weakness. The other has to do with the 200 week moving average on the Bitcoin chart. Let's dive in and take a look at these two very important lead indicators. Stew
In this video I cover the divergence between the 2 and 10 year treasuries and the recent FOMC press conference language. Jerome Powell is promising one thing (continued rate increases), while the bond market seems to be claiming otherwise (Fed pause incoming). Who's right? Let's take a closer look.
Strong sell-off of US Treasuries zn Target level 126.250 ------------------------------- -------------------------------
In the this update we review the current cycle in the !0 Year t--Notes and identify a high probability trade location
After this sideways dredge in the bond market, the upside vulnerability is mounting. Appetite for bonds reflected in prices rising could lead stocks to underperform or lag for a short period of time. This scenario would be seen as a correction in a prolonged decline. The below video explains what levels to watch for.
This is looking at the dollar situation during this crash. And some other dollar risk situations. Definitely long the dollar during the crash. Long the DXY dollar index against other currencies. Very long gold on the up bounces. And short the market, the whole market.