In a world where bunds and JGBs are zero bound, why wouldn't 3% yield and an appreciating USD be attractive to global investors? There is a weekly ABCD completion in the TY1! on high volumes which coincides with a major multi-decade structural uptrend support. A break above 119.40 in the 240M chart would be confirmation. A long in the UST10 can be hedged off...
A break above 2.50 should revitalize the longer term move back to 3% and get the USD out of its current range and back into an uptrend. Testing Decembers highs should follow this across the board on euro, pound and yen. Buy the rumour, sell the fact mode.. on!
Based on US-T as well as "cash cow" yield rising in 2017/18 current draw in live cattle could be continue. Looking forward to buy the dip in COW, time horizon - early summer.
FED announced balance trimming. The technicals perfectly match that decision (always a matter of disputes between tech analysts and macro analysts). We got large correction before and broke below it. Now the price made a perfect pullback to the broken line shaping my favorite Bear Flag pattern. Watch to sell on breakdown.
Analysis of important data ametrics for 13 December fed rate hike based on fedwatch - fed funds futures - > www.cmegroup.com COTs data used: non commercial long and short data as % of open interest ...
Entry plan is based on the US 30yr T-Bonds Topping Pattern . Watching the fib retrace area for a high that would establish the right shoulder within the monthly head and shoulder pattern. Quarterly bull cycle counts point towards a high during Q1 '18 which aligns with the monthly target of February '18. My trading account would welcome an earlier high with...
Textbook consolidation as we wait for more signals from the FOMC. Fed futures showing no hike in March but two hikes by December, expect another leg up once subsequent meetings start pricing in. Good time to scale in.
One of the most obvious trades out there. Pullback to mean would be KILLER value. Will be watching this closely and using Marty Armstrong's Socrates levels for confirmation. There is certainly a chance we continue down further to that next support trend line before pulling back. In that instance we may see a H&S formation occur with the right shoulder at fib.
Watch the lines - this is the perception of long term Dollar value divided by Gold.
These lines help us see how quickly people are switching from Treasuries to Gold.
Follow this chart for decision between US Treasuries and Gold.