Singapore 10Y yieldShort
Weelky Leading Indicators are NOT Bullish
The Weekly Leading Indicators have had broken into Bearish mode.
SG10Y have broken up of a trendline
TIPS and TLT have broken down support
JNK similarly broke down of support
The combined US Equities weekly chart are at an indecision range, but daily chart analyis tells of a more bearish story.
SOXL is holding up somewhat though.
So while all 4 Leading Indicators are red flagging.
The Indices have yet to respond.
Watch for it... and be careful.
Happy New Year 2025!
SG10Y have broken up of a trendline
TIPS and TLT have broken down support
JNK similarly broke down of support
The combined US Equities weekly chart are at an indecision range, but daily chart analyis tells of a more bearish story.
SOXL is holding up somewhat though.
So while all 4 Leading Indicators are red flagging.
The Indices have yet to respond.
Watch for it... and be careful.
Happy New Year 2025!
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