Real Estate looks to be in for a bumpy ride. this ETF has just triggered a massive breakdown that suggest much more downside. Why is real estate so weak? 2 words...Rising Yields.
Oil has been ripping lately and trying to establish a new consolidation range. Keep in mind this rally in energy has occurred as the DXY has had 9 weeks of consecutive upside. The energy sector has been a bullish piece of the market and is at a critical support level. If this breakout in XLE is to hold we could see some significant upside. A weekly & daily...
The Dollar and US treasury Yields are all showing signs of future strength leading to the FOMC meeting, as the EURUSD has slammed into Resistance with Bearish Divergence and PPO Confirmation, the Yields have hit a Shark PCZ with PPO Confirmation, and XAUUSD has once again hit the PCZ of a Bearish ABCD and will give us PPO Confirmation of a Type 2 Reversal once,...
The FOMC is set to have their 2 day meeting. Market consensus is for a pause in rate hikes. Will the Fed shock the market like the ECB just did with their rate hike? The treasury yields market is still in a very strong uptrend & inflation expectations over the last 2 CPI prints have come in hotter due to energy. the markets are in a ver y precarious spot...
The Us 10 Year yield is one of the most important yields to follow. It greatly impacts long term investment decisions in a vast array of markets; stocks, bonds, real estate. A clear technical breakout is being observed & this could mean inflation is becoming entrenched. Yields have a tendency to rally in parabolic fashion. if this breakout holds we can...
The yield market is going absolutely bonkers tonight in the futures. What is the bond market telling us? likely inflation is entrenched. If the 2 year yield closes at or above the Fed Fund Rate before we hear from Powell expect the fed to do a surprise rate hike or remain extremely hawkish. This will no be good for stocks if this is the case.
Last time we saw the bullish moving average cross of the 7MA & the 590 MA we saw a superb rally over 2.5months. This time we are seeing a bearish cross of the same 2 moving averages. Could this replicate the move to the downside? Don't say we didn't caution you!
The S&P500 is on the verge of breaking down very hard. If we reject at the neckline tomorrow that is bearish. If we close above the neckline it is bullish. Either way a big move should occur once we know where we close. After a hotter than expected CPI, tomorrows PPI will be telling. If we get a hot PPI and hot Initial Jobless claims number expect...
S&P 500 INDEX MODEL TRADING PLANS for THU. 09/07 As we wrote in our trading plans published yesterday, Wed. 09/06: "In this morning's session so far, markets continue to be listless with the bias sliding towards mildly bearish. Nevertheless, bears need to wait for a confirmation before taking any positional shorts - a daily close below 4450 today might give that...
US10Y remains in an established uptrend on the daily chart, and Friday's bullish engulfing candle suggests a swing low has formed and more gains are to follow. But having looked back at price action since the April low, we note that prices are yet to break the low of a bullish engulfing candle if it has formed after a pullback or period of consolidation....
The Inverse ETF for the 20-Year US Government Bond is currently breaking out of a Descending Broadening Wedge and is looking to go much higher perhaps between the 61.8% and 78.6% retraces which would be about a 500-1,400% percentage gain which also means that longer end bond yields are going much higher. I previously said I would repost this chart after the split...
us10year yields are ready structly to go down wait for the confirmation and go for it
The Inverse ETF for the 20-Year US Government Bond is currently breaking out of a Descending Broadening Wedge and is looking to go much higher perhaps between the 61.8% and 78.6% retraces which would be about a 500-1,400% percentage gain which also means that longer end bond yields are going much higher.
Silver, after confirming Partial-Rise, has also formed 3 Falling Peaks and looks to be preparing to drop back below the bottom end of the range at 18 dollars. When it does this, it will enter a Butterfly BAMM Wave Structure that ends at the 1.272-1.618 Fibonacci Extensions. As a result of this new price action, I am lowering my price target to $6.61-$0.21 from my...
Going to bring this up AGAIN. Short term #yields have been stagnant for some time now. Most are trading within a VERY TIGHT RANGE. 3Month - 1Year yield has been relatively flat. The 2Yr had nice bump but is struggling to go over 5%. HOWEVER, we pointed this out some time ago, the 10YR has BEEN PUMPING! TVC:TNX
Gold closed bid and as an inside day. Stops hunts could be the theme ahead of the Jackson Hole event on Friday.
The DXY after catching a rally off a 4-Hour Bullish Butterfly, has reached my price target of $103, and if it gets above that zone, then I think the DXY will have plenty of room to make multi-decade highs due to The High Interest Rates, Tightening Credit Conditions, and The Deflation that is now being priced into the US Bond Market. If things go as expected...
In the ever-evolving landscape of global economics, precious metals like silver, often serve as key indicators and safe havens. This week, we'll explore the factors making silver an interesting prospect in today's market. Current Macroeconomic Indicators: The latest Consumer Price Index (CPI) data indicates a slight increase in the US for July, registering at...