US06M
$DXY & Yield calls were on point, again. Banks ok for now?We post a lot of ANALYSIS with ideas & what we're seeing
BUT
Keep an eye out for the ACTUAL CALLS
We called rally in TVC:DXY & #yields, we got that over last month +
Recently we stated that #bonds likely found a bottom = yields topping
&
Stated that TVC:DXY was looking weaker
#Dollar cratering & Yields falling
This COULD save, at least for now, another wave of bank collapses
TVC:TNX might be lil tougher call as the bounce was not as big
$RUT broke resistance & struggling to stay above, Yield top?TVC:RUT broke resistance & is trading back under again
The only consistent up mover is the NASDAQ:NDX
6Month is at its HIGHEST levels this year
1Yr Struggling here but hit highs
2 & 10Yr nowhere near highs TVC:TNX
All #yields look as if they're going to roll over soon
Historically, #stocks follow this downside on yields
Is this time different?
6 Month Yield HIGHER than when banks collapsed!🚨 🚨 🚨 🚨 🚨 🚨 🚨
6 Month #yield is NOW HIGHER than when #silvergate #bank collapsed!
#interestrates can stay above 5% for extended periods of time, see charts, BUT the end result has NEVER been good for #stocks
1Yr struggles @ 5% but has been higher than 6%
HOWEVER
10Yr TVC:TNX is DIFFERENT! This has been on a long downtrend until 2022!
#bonds
2Yr & $TNX coming back hard & worrisome for #techLooking @ a few different #yields
(Not shown)Weekly 6month and 1Yr easier to notice BEAR FLAG & the pattern is close to being annulled.
Daily 2Yr looking good, breaking out of channel.
Hard to short dull market but seeing #bond yields climbing is worrisome for short term.
TVC:TNX 10Yr looks like 2Yr.
ridethepig | One For The History Books...Negative US Rates !!!Negative rates are finally here for the US with the 6mo t-bill ticking below -2bps (feed is slightly delayed here). Simply meaning that you will now need to pay the US government for 6mo cash deposits. This is the only way they can continue in the "end game" strategy.
It is a well known phenomenon that the US 2's 5's was ringing alarm bells last year , those who were able to conduct their middle-game carefully were able to build credible trading ideas that leave the opposition hopeless in the endgame.
One of the main requisites for BTC to succeed in the endgame is based on the ability that FED can continue to confiscate while the "People vs Establishment" narrative deteriorates via lack of confidence in monetary policy. The endgame is much more the part of trading in which advantages are needed from economics. Now, the realisation of advantages, specifically advantages in Volatility .
In order to understand the flows across the entire board, you must learn about the endgame by starting from its individual elements, because it has such elements, just like the opens and middle-game strategies. We have previously already dug into these in detail that allow you to form ideas like this for the crash in German Equities.
Thanks as usual for keeping the support coming with likes, comments, charts and etc!