TNX study using Parabolic SAR & 40MA makes trading SPX look easyHigher highs not impossible in following months here's why. In this Parabolic SAR pattern match I'm interested in the months subsequent to a match when yield closes first time below average (marked by red verticals). It's been a good time to buy the months after, and for S&P to go on & make new highs. NOT ADVICE DYOR.
NOTE THE CORRECTION ON CHART BELOW where second A starts.
10yryields
I HAD A FORECAST FOR THE LOW IN THE 10YR OF 2377 TODAY LOW IS 2377 WAS RISK ON AGAIN FOR SP AND IWM AND NOW BANKS
Flight to safety driving gold higher, yields lower and USD upAs the stock market starts to stumble, people look for safe places like Bonds, all those bond purchases drives the USD higher since you need to buy them in USD so it creates greater demand, this increase in USD would normally be bad for Gold. But Gold is actually going up right now since it is safe haven asset, that demand is off setting the negative effects of the USD, it has finally uncoupled the 2, the gold rally might finally be there.
10 Year Bond & Mortgage Rates to Decline for Several Years?Using Cycle Analysis we can see multiple Intermediate Cycle Lows (ICL) of about 4 to 5 years in duration with the next one due in the second half of 2020. The next event that will signal the direction of rates is if the 10 YR Bond breaks the upward cycle trend line from the last ICL. This could occur two ways: the bond moves sideways and breaks the trendline in the next several months, or a sharp decrease pierces the trend line. Either way, this signals a failed daily cycle and the move into the next ICL has begun. The final destination could be either at 2.00 which would be equal to the left shoulder of the head and shoulders pattern, or even lower if the pattern forms a triple bottom.