Short term bonds continue to reach the mountain portion of the chart as price moves toward previous highs. The valley is clearly seen.
Hi guys, Credit spreads are bouncing off trendline and spx is breaking trendline. Charts are turning bearish and we may be in for a meaningful correction. 'll post detailed charts this weekend on my blog as it is much easier for me: chartsonmac.wordpress.com. Just wanted to share. Thanks
At the beginning of the year it passed a key level where it was at in April-May of 2018 to maybe show some sign of a bullish reversal incoming. Will be posting a comment with 4HR timeframes to see the consolidation more clearly.
big volume in treasury bond ETF's past few months. money is shifting $IEF $TLT $SPY
Triangle PO just a click higher $SHY, $HYG
$VIX higher high, big divergence with $SPY
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart! Have a great day everyone!
A lot of negativity surrounding bonds these days but this count might suggest that US treasuries are due a rally or something more. This count suggests that they have finished a 5 wave down and perhaps have completed an even longer correction dating back to 2008. There is some decent divergence on the RSI to support the case and that is a pretty decent candle on...
A little tongue in cheek here but clearly the end of the year has been a time when people have moved OUT OF short term treasuries and into other assets or durations. The news has been covering how short term rates are at their highest levels in years here. I'm pulling up the chart and with the great indicator "MTPC" for "Multi-Time-Period-Charts" I was able to...