XAU/USD : Liquidity Grab at $2733, Next Trend Awaits NY Session!By analyzing the 4-hour gold chart, we see that the price finally broke out of the neutral range of $2702-$2714 today, reaching as high as $2733 and clearing liquidity above $2727. After this liquidity grab, gold experienced a slight correction, retracing to $2717. Currently, the price is trading around $2722.
As the New York market opens, we’ll see if gold can establish its next trend. It’s still too early to declare a bearish shift, as the bullish trend remains intact until the price breaks and stabilizes below $2688. For now, consider these levels for positions:
Supply Zones: $2727, $2742, $2753
Demand Zones: $2717, $2711, $2703
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Nasdaq
ABBV - Are you Ready?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈ABBV has been in a correction phase and it is currently approaching the lower bound of the red and blue channels.
Moreover, the green zone is a strong round number $150 and structure!
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of structure and lower trendlines acting as non-horizontal support.
📚 As per my trading style:
As #ABBV approaches the blue circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
DOW JONES INDEX (US30): Back to Bullish Trend
US30 Index completed a bullish accumulation in a wide
horizontal sideways range on a daily.
Its resistance was broken on Friday and we see a positive
bullish reaction to that after its retest.
There is a high probability that the market will continue rising.
Next resistance - 44360
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NASDAQ: 4H MA200 held, Channel Up targeting 21,850.Nasdaq has just turned bullish on its 1D technical outlook (RSI = 56.079, MACD = 48.410, ADX = 18.587), which is a strong buy signal after two days of consolidation, considering that the short term pattern is a Channel Up. Assuming that consolidation was its latest correction that had to test the 4H MA200 as support, we now expect the pattern to resume the uptrend and target the R2 level (TP = 21,860).
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NASDAQ Major Lower Highs break-out just took place!Nasdaq (NDX) broke on Friday above the Lower Highs trend-line that started more than a month ago on the December 16 2024 High that initiated the recent correction. This has technically been a Bearish Leg within the +2 year Channel Up and every time such a structure broke above its Lower Highs trend-line, a strong rally followed.
At the same time, the 1D MACD just completed a Bullish Cross below the 0.0 neutral level and out of the 9 previous time this took place, it only failed to produce an immediate rally 2 times.
We technically see that the current Bullish Leg that started on the August 05 2024 Low, isn't over yet, so we still expect it to complete a +47% to +48% rise before a stronger correction. As a result, our Target is 25000.
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The key is whether it can be supported at 21673.4
Hello, traders.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day today.
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Important factors when analyzing charts are
- Support and resistance points
- StochRSI indicator
If you have the above two factors, I think you can analyze the charts quickly and briefly.
Support and resistance points should be drawn on 1M, 1W, and 1D charts.
You can analyze the chart by checking whether the line drawn in this way is supported or not while referring to the movement of the StochRSI indicator on the 1D chart.
The 21673.4-22013.5 section, which is indicated as a high point boundary section, is likely to act as resistance.
However, since the StochRSI indicator has entered the overbought zone, it is important to see if it can break through the high point boundary zone upward.
In other words, we can see that the high point boundary zone is more likely to act as resistance.
The volatility period is expected to occur around January 29.
Therefore, in order to maintain an upward trend, it must show support at the high point boundary zone after the volatility period.
If not, it will eventually fall.
At this time, what we should pay attention to is the movement of the StochRSI indicator.
The longer the StochRSI indicator remains in the overbought zone, the more likely it is that the StochRSI indicator will show a large decline if there is a slight price decline.
When the StochRSI indicator falls to or below the 50 point, if it shows support at around 21673.4, it is highly likely that it will show an upward trend by breaking through the high point boundary zone upward.
To maintain the current short-term uptrend, the price needs to stay above 21068.2-21321.9.
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The settings for the StochRSI indicator are 14, 7, 3, 3 (RSI, Stoch, K, D).
The source value is ohlc4.
With these settings, you can see the movement similar to the StochRSI indicator on my chart.
-
Thank you for reading to the end.
I hope you have a successful trade.
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Market Forecast UPDATES! Jan 20 MondayIn this video, we will update the forecasts for the following markets:
ES \ S&P 500
NQ | NASDAQ 100
YM | Dow Jones 30
GC |Gold
SiI | Silver
PL | Platinum
HG | Copper
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Uptrend or Reversal? Unpacking a Case for NAS100! The NAS100 has been trending bullish recently, but when we zoom out to a higher timeframe, there’s a case to be made for a potential bearish opportunity. In the video, we explore the trend, price action, and market structure, analyzing how it’s approaching a key resistance level. We also discuss a possible trade setup if the conditions align. This is not financial advice.
NASDAQ After Trump's Inauguration 25.01.21Hello, this is Greedy All-Day.
Today’s analysis focuses on the NASDAQ.
Monday’s Briefing Results
Chart:
Buy Position:
A breakout above the high occurred 45 minutes before the U.S. session opened, reaching the buy-entry zone at 21682.5.
While the target of 21812 was not achieved, the price increased by 95 points, generating approximately $1,900 in profit per contract.
Sell Position:
During the Asian session, after breaking the ascending trendline, a sell-entry opportunity emerged at the yellow box.
Following the entry, the price dropped by 183 points, yielding approximately $3,660 in profit per contract.
Total Results:
Based on Monday’s briefing, a total profit of approximately $5,560 per contract was achieved.
Daily Chart Analysis
Chart:
Due to Monday’s market closure, the daily candle for Monday has yet to close, and it will likely complete after Tuesday’s U.S. session.
Key Observations:
The sharp drop during the Asian session found support at the 20 EMA on the daily chart.
The 20 EMA is currently at 21387, and whether this support holds will be crucial in determining the market’s direction.
Bearish Scenario:
If the 20 EMA fails to hold, traders should prepare for a potential trend reversal.
Bullish Scenario:
Resistance was observed at the green box, particularly near the January 7 bearish candle’s high.
If Tuesday’s session closes above the 21806–21896.75 zone, it could signal a breakout above the supply zone and a trend reversal.
A critical point for buyers is whether the current price action can engulf the large bearish candle with a bullish one.
15-Minute Chart Analysis
Chart:
Key Insights:
During the Asian session’s sharp decline, the NASDAQ bounced off the upper boundary of the blue box supply zone.
However, it broke the yellow box ascending trendline, leaving uncertainty about whether the current rebound is a dead cat bounce or a genuine reversal.
The market may react strongly to the president’s inauguration speech and subsequent remarks, which could provide clear direction.
Recommendation:
At this point, trading either direction is a 50-50 probability. It’s advisable to wait for a clear breakout or breakdown before entering a trade.
Today’s Trading Strategy
Chart:
Buy Strategy:
Entry: Breakout above the yellow box high at 21779.
Rationale:
The sharp drop during the Asian session has broken the upward channel.
A breakout above the high would confirm that bullish momentum has returned.
Risk:
The next resistance is close at 21812, and whether this level is broken will be crucial for further upside potential.
Sell Strategy:
Entry:
Break below the ascending trendline, or
Break below both the trendline and the Asian session low at 21377.
Rationale:
The rebound during the Asian session occurred near the 20 EMA on the perpetual contract, making a clear break below this level necessary to confirm a trend reversal.
However, if the white box frame’s lower boundary isn’t completely breached, it’s difficult to confirm a full trend reversal.
Risk: Support at the daily 20 EMA.
Conclusion
The NASDAQ remains in a delicate balance, with potential for movement in either direction:
For buyers, the key focus is on breaking above 21779 and 21812 for a potential continuation of the uptrend.
For sellers, watch for a break below the ascending trendline or 21377 to confirm a trend reversal.
Stay patient, follow the levels closely, and trade strategically. 🚀
NASDAQ, all sell signals are about to alignThe Nasdaq is currently showing sell signals on the 60-minute, 120-minute, and 240-minute charts, indicating a high possibility of further decline. If a bearish candle forms on the 240-minute chart as well, the sell signal will be confirmed, making additional price drops inevitable. The direction of the candles is expected to be determined in about 2 hours, and if the price falls, there could be a strong downward shockwave breaking below 21,500, so caution is advised.
On the daily chart, the price is still supported by the 5-day moving average, so it may temporarily appear to rise. However, a clear buy signal has not yet appeared, and the price is likely to test the lower support level around 21,000, potentially forming a double bottom. Aggressive chasing of a buy position is not recommended at this point; it would be more advantageous to sell at the highs. The key support level for buying is projected to be 21,570. If this level is breached, buying from the lower range would be the most favorable strategy.
It is unlikely that a significant upward surge in buying will occur today, so it is better to focus on selling during any price increases.
MNQ!/NQ1! Day Trade Plan for 01/21/25MNQ!/NQ1! Day Trade 🎯 for 01/21/25
📈 21755 (NEXT LEVELS: 21850, *21905*, 21940, 22000)
📉 *21370* (CLOSER LEVELS: 21305, 21270, 21210, 21185)
1/2 way mark 📈 21659.5 & 📉 21464.5
Like and share for more daily ES/NQ levels 🤓📈📉🎯💰
*These levels are derived from comprehensive backtesting and research, demonstrating over 90% accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.*
MNQH Continued Bullish Run On Friday price made a nice Bullish run that took out the PDH from the previous two days and price closed above the D LV and D SIBI. Currently we have price wicking off the D LV and has traded higher cutting through the MT level of the -OB. If price can stay above that MT level then I can see price going higher and taking out the PDH from Fri Jan 17 2025 at 21680.00 and then eventually target the PDHs from January 6th and 7th.
So lets continue to watch and see if price has truly switched to being Bullish after taking SSL, and finding support off the D BISI CE level.
Get ready for Monday's Nasdaq 25.01.20Hello, this is Greedy All-Day.
Today’s analysis focuses on the NASDAQ.
NASDAQ Daily Chart Analysis
Chart:
On the daily chart, the NASDAQ shows a breakout above the short-term corrective trendline, signaling a potential trend reversal.
Key Developments:
The price has broken above the 20 EMA on the daily chart.
It also rebounded before breaking below the Ichimoku Cloud, hinting at a potential return to new all-time highs.
Support and Resistance:
Support: The 20 EMA, currently around 21390, serves as short-term support.
Resistance: The chart suggests that significant upside remains open, with fewer immediate barriers overhead.
Current Pattern and Resistance
Chart:
The NASDAQ is currently near its only remaining resistance trendline, created between December 17–18, 2024 (orange box).
Key Points:
Beyond this trendline, there are no further descending resistance trendlines.
Resistance will then come from horizontal supply zones or historical highs.
Breakout Potential:
If the price breaks the green box resistance zone, the next key resistance is one of the two white box zones.
A breakout beyond the white box zones could pave the way for new all-time highs.
Today’s Buy Strategy
Chart:
Entry Trigger:
Breakout above both the remaining resistance trendline and the recent high at 21682.5.
Target Levels: Horizontal resistance levels (marked on the chart).
Rationale:
A breakout above the long-term descending resistance trendline, combined with a breakout above the previous high, would likely lead to entry into the blue box supply zone on the left.
This would increase the likelihood of a continuation toward higher levels, fueled by the supply zone dynamics.
Today’s Sell Strategy
Chart:
Entry Trigger:
Breakdown below the orange ascending trendline and a break below 21481.
Target Levels: Horizontal support levels (marked on the chart).
Rationale:
A break below the ascending trendline would indicate weakening momentum.
If a pennant-like pattern forms and the price breaks below the starting zone of the pattern, it would signal a high likelihood of a trend reversal.
The green box highlights the potential breakdown area.
Additional Note:
If the price consolidates and the ascending trendline is broken above 21481, adjust the target to 21481 as the maximum downside level.
Conclusion
The NASDAQ is at a critical juncture, with potential for both significant upside and downside moves:
For Buyers: Watch for a breakout above 21682.5 for potential continuation into the supply zone and beyond.
For Sellers: Monitor for a break below the ascending trendline and 21481 for potential downside momentum.
Stay cautious, and trade strategically based on key levels. 🚀
NASDAQ // countertrend breakThe market is at the countertrend break.
There is a clean (not tested) H4 breakdown close to the highest daily peak that needs attention and position management, but above that, the target fibo levels are valid targets.
———
Orange lines represent impulse bases on major timeframes, signaling the direction and validity of the prevailing trend by acting as key levels where significant momentum originated.
Level colors:
Daily - blue
Weekly - purple
Monthly - magenta
H4 - aqua
Long trigger - green
Short trigger - red
———
Stay grounded, stay present. 🏄🏼♂️
<<please boost 🚀 if you enjoy💚
Nasdaq US100: Positioned for a Breakout to New Highs!After a deep retrace on the daily timeframe, I’ve initiated a long position on the Nasdaq US100. The plan is to ride this wave back to its Higher High, capitalizing on the recovery momentum.
Technical Insight:
• Key Structure: The market has shown strong respect for the current retracement levels, providing a solid base for a bounce.
• Trendline Support: Price action aligns well with the trendline channel, indicating potential for upward continuation.
• Fib Levels: The pullback reached a critical zone, signaling that buyers may step in to push the price higher.
Let’s see how this plays out! Always remember to trade with proper risk management and pay yourself along the way!
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
NASDAQ Reversal: Bullish Patterns AlignThe NASDAQ, after enduring bearish pressure, is beginning to exhibit signs of bullish momentum at a significant daily support level. A combination of technical signals, including a bullish divergence, the completion of an ABCD pattern, and the formation of a bullish inverted head-and-shoulders pattern, points toward a potential reversal. A confirmed breakout above the neckline could validate further bullish momentum, presenting an attractive buy opportunity at 21,056. A strategically placed stop loss at 20,521 allows for adequate room to account for market fluctuations.
Today analysis for Nasdaq, Oil, and GoldNASDAQ
The NASDAQ closed higher, combining two days of movement into one candle. As anticipated, it rose during the pre-market session but declined during the main session. The daily chart formed a bullish candle, confirming yesterday's buy signal. The bullish trend on the daily chart is likely to continue, but with the current significant gap between the 3-day and 5-day moving averages, a pullback followed by renewed buying pressure is expected.
It is essential to focus on dip-buying rather than chasing prices. However, keep in mind that the weekly chart still shows a sell signal, and both the MACD and signal line on the daily chart remain below the zero line, indicating the possibility of a reversal to a bearish wave at any time.
On the 240-minute chart, the buy signal is intact, and the upward trend continues. However, there is no significant improvement in market liquidity. A strong bullish candle that breaks the box range is needed, but such a move has not yet materialized. Therefore, pre-market sessions may show mixed movements. Selling at resistance levels for box-range trading is advisable. Be mindful of potential volatility due to executive orders from President Trump, which could lead to sharp price swings.
CRUDE OIL
Crude oil closed lower, finding support at the $75 level. As mentioned previously, the $74–$75 range aligns with the 5-day moving average on the weekly chart and serves as a critical support zone, making it a favorable area for dip-buying.
With a 400-tick drop from the $79 high and no dead cross between the MACD and signal line on the daily chart, there is a high probability that oil will rebound as the MACD supports the signal line. On the 240-minute chart, the MACD and signal line have dipped below the zero line, which could accelerate selling momentum. However, the 60-period moving average on the 240-minute chart continues to slope upward, suggesting that selling should be avoided and buying at key support levels is a better approach.
GOLD
Gold closed higher, leaving a lower wick near key support levels. On the weekly chart, resistance remains overhead, but the daily chart indicates that the trend could continue upward, making dip-buying a favorable strategy.
The MACD and signal line on the daily chart remain in an upward trajectory, and a breakout above the 2760 resistance level could open the way to 2780. On shorter timeframes, consolidation followed by a golden cross of the MACD and signal line is evident, while the 240-minute chart has also confirmed a golden cross.
Although further upside is likely, the significant divergence between the MACD and its previous peaks on the 240-minute chart increases the probability of divergence after a substantial rally. Therefore, refrain from chasing prices after a sharp rise and instead focus on buying dips near key support levels while monitoring the breakout above 2760.
Market volatility is intensifying due to President Trump’s remarks. Similar patterns were observed during his first term, as his statements, often made via social media, caused significant fluctuations in the futures markets. Ensure proper stop-loss levels and manage risks carefully in this volatile environment.
■Trading Strategies for Today
NASDAQ - Range-bound Market
-Buy: 21770 / 21710 / 21630 / 21590 / 21530
-Sell: 21880 / 21940 / 22040 / 22110
Crude Oil - Bullish Market
-Buy: 75.10 / 74.60 / 73.60 / 73.00
-Sell: 76.30 / 76.70 / 77.10 / 77.50
Gold - Bullish Market
-Buy: 2751 / 2743 / 2738 / 2731
-Sell: 2767 / 2777 / 2782 / 2787
These strategies apply only during pre-market hours. Profit-taking and stop-loss levels are as follows: Nasdaq: 15 points, Oil and Gold: 20 ticks.
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Retracement phase till April 2025 and then??? who knows...Offcourse the chart is self explanatory.
on daily timeframe where it touches the 200 SMA.
It means that the long term downtrend is gonna start.
Still a big no.... it has to touch the monthly resistance around 200 area.
Dear Traders, Go away and check for another mind.
as investor I already took my position at 240. Will take more position around 200 price.
Let's analyse it again in April-May 2025.
Technical Analysis on BloomZ Inc. (NASDAQ: BLMZ)The current price of BLMZ stands at 0.500, marking a 3.85% decline for the day. The stock is trading below all key moving averages, including the short-term MA5 (0.509) and MA10 (0.545), as well as the longer-term MA20 (0.562), MA30 (0.561), and MA60 (0.650). This suggests a sustained bearish trend, with selling pressure dominating the market.
Support is evident at 0.450, which aligns with recent lows, while a stronger support level can be identified at 0.392, reflecting a prior low. On the upside, immediate resistance lies at 0.520, which coincides with the previous day’s close. Beyond that, the next significant resistance zone is around 0.560-0.562, where the MA20 and MA30 converge, potentially attracting sellers.
The trading volume is relatively subdued, indicating weak buying interest or a lack of market participation at current levels. Overall, the stock remains bearish but is approaching a critical support level. A breakdown below 0.450 could lead to further downside towards 0.392, whereas a rebound may struggle to overcome resistance at 0.520-0.562. Neutral positioning is advisable until a clear directional move is confirmed.
Today analysis for Nasdaq, Oil, and GoldNASDAQ
The NASDAQ closed early due to the U.S. market holiday, and yesterday’s and today’s daily candles will merge into one. As anticipated, the U.S. market showed an upward trend, but it is likely to exhibit sideways or downward movement during the pre-market and regular trading sessions today.
While the daily chart has generated a buy signal, confirmation will only occur if today’s candle closes as a bullish one. With significant resistance levels overhead, the market needs a strong bullish candle to widen the gap between the MACD and signal line. Failure to generate such a rally may lead to repeated resistance at the upper levels and increase the likelihood of a downturn.
On the 240-minute chart, no sell signal has been generated yet, but the market appears to be absorbing overhead supply. If a MACD dead cross emerges, the buy signal on the daily chart may fade, potentially reversing the trend to bearish. Avoid chasing prices and refer to yesterday’s detailed pre-market analysis for further context.
CRUDE OIL
Crude oil closed lower, correcting down to the 10-day moving average. After a brief consolidation at the $76 support, it declined further. The $74–$75 range serves as a critical support level and aligns with the 5-day moving average on the weekly chart. Buying on dips within this range is favorable. However, it is advisable to enter at lower levels, as rebound risks make shorting less viable.
On the 240-minute chart, the MACD is falling towards the zero line, steepening its angle against the signal line. Even if oil rebounds from key support levels, it may face further selling pressure, as a MACD golden cross appears unlikely. Since yesterday’s expected downtrend materialized, today’s strategy should focus on cautious dip-buying at lower levels.
GOLD
Gold closed lower, finding support near the 5-day moving average as anticipated in yesterday’s analysis. The strong pullback to the 5-day moving average provides a reasonable entry point for buying on dips. However, the weekly chart indicates potential for further downside, suggesting short-term positions to manage risk effectively.
On the 240-minute chart, a sell signal has emerged as a head-and-shoulders pattern broke its neckline. A further drop below 2730 could lead to additional downside toward the 2718 support level, where dip-buying may be considered. The MACD and signal line remain significantly below the zero line on the 240-minute chart, increasing the likelihood of a rebound at key support levels.
Avoid aggressive short-selling and note that the broader trend remains bullish, as gold's daily chart exhibits strong buying momentum. Focus on buying near major support levels during pullbacks for a favorable risk-to-reward ratio. Manage your risk carefully and best of luck with your trades today.
■Trading Strategies for Today
NASDAQ - Range-bound Market
-Buy: 21660 / 21620 / 21570 / 21510 / 21480 / 21350
-Sell: 21780 / 21880 / 21940 / 22005
Crude Oil - Bullish Market
-Buy: 75.70 / 74.95 / 74.50
-Sell: 77.50 / 77.85 / 78.25 / 78.65 / 79.10
Gold - Bullish Market
-Buy: 2726 / 2716 / 2708 / 2700
-Sell: 2738 / 2747 / 2753 / 2758
These strategies apply only during pre-market hours. Profit-taking and stop-loss levels are as follows: Nasdaq: 15 points, Oil and Gold: 20 ticks.
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NAS100 - Nasdaq index path, after the inauguration!The index is above the EMA200 and EMA50 in the four-hour timeframe and is trading in its ascending channel. If the index corrects towards the demand zone, you can look for the next Nasdaq buy positions with the appropriate risk reward. Nasdaq being in the supply range will provide us with the conditions to sell it.
As markets prepare for Donald Trump’s inauguration, the dollar has weakened slightly. Early signals suggest that no significant changes in tariff policies are imminent, leading to a minor dip in the dollar’s value. Over the weekend, Trump and Chinese President Xi Jinping had a positive conversation. Following the call, Trump tweeted, “Just had an excellent conversation with Xi Jinping of China. This was very good for both China and the U.S. I expect us to solve many issues together, and we’ll start immediately.”
Meanwhile, the correlation between Bitcoin and the Nasdaq Technology Index has reached its highest level in two years. Bloomberg data shows the 30-day correlation index between the world’s largest cryptocurrency and the Nasdaq stands at approximately 0.70, indicating closely aligned movements between the two assets.
On another front, Jared Bernstein, head of Joe Biden’s Council of Economic Advisers, has warned that the incoming Trump administration’s potential interference in Federal Reserve interest rate policies could risk a resurgence in inflation. Bernstein emphasized the importance of maintaining the Fed’s independence and noted that executive actions should not influence interest rate decisions.
TD Securities predicts that the Federal Reserve will keep interest rates steady during the first half of this year. However, it expects rate cuts to resume in the second half, with the terminal rate reaching the low 3% range. This strategy reflects the economy’s need to digest Trump’s new policies, particularly on tariffs and immigration.
This week’s economic calendar is relatively light.Both the New York Stock Exchange (NYSE) and Nasdaq will be closed on Monday, January 20, 2025, in observance of Martin Luther King Jr. Day.
Later in the week, key economic data will be released. On Thursday, the U.S. weekly jobless claims report will be published, followed by preliminary S&P Purchasing Managers’ Index (PMI) data and existing home sales figures on Friday.
Bank of America forecasts that the 10-year U.S. Treasury yield will reach 4.75% this year, with the potential to surpass 5% depending on Federal Reserve decisions. However, it sees a low probability of yields exceeding 5.25%.
The bank cites a strong macroeconomic backdrop and a hawkish Federal Reserve, suggesting that any rate hikes will depend on inflation data. Bank of America also notes that yields near 5% could represent a compelling buying opportunity, provided the Consumer Price Index remains stable or declines slightly.