Primary Chart : Monthly Chart of TLT Showing Multi-Decade Support Levels. A fair amount of charts have been published lately on the importance of interest rates, and conversely, long-term bonds, government or high-yield bonds. One well-known TradingView publisher @scheplick went so far as to describe the chart of the US 10-year yield as the most important chart...
D1 : Double top in progress, coupled with a bearish engulfing pattern (which should be confirmed on a closing basis !) In addtion technical indicators are showing bearish divergences... Watch MBB and TS @ 1.0960 as leading indicators for further development. Indeed, a failure to hold above the 1.1000 area would directly put the focus on 1.0460...
📌 This diagram portrays the final stages in the economic cycle which I called in 2019. The position arose after Equities began extending beyond reality; all sellers needed was an intending cause. The construct of the ingredients here are clear and simple, after Fed cleared the runway till 2022 you can see the risk coming out of bonds. Of course now it...
Sell 22.8 for XGB the long Canadian bond ETF. I would hold on the interim and rake the dividend. Canada is going to drop rates to zero, if Canada doesn't its dollar will get too expensive. 0.50$ upside left. Enjoy the easy dunks.
Buy line and sell line. Play this until a week before next fed meet up. Rates will be cut. If first cut is big I dump if not I hold and sell just before next cut.
We broke and closed over the falling wedge. Expect bond prices to move higher.
After making a new bullish impulse have of the last month and a half we have settled down and formed a corrective wave. This corrective wave has formed a falling wedge pattern and we broke out. Look for a rise in Bond prices. If you guys enjoy the analysis leave a follow! :) - Much Love
End of the bull run Global Equity Indexes: 1. SPX/ Global Equity indexes in the past 2/3wks saw a post-brexit central bank easing induced rally, as many CB released dovish statements following the vote which spurred investor confidence in fresh easing. - IMO much of the bull run was based on BOJ easing hopes, given the size of the economy (4th largest)...