This is a 1 year rectangle with an 8 week symmetrical triangle offering potential launching pattern - breakout using 30 day ATR of 5 points (45-50%) would target 500 mark offering the trader 65 points x 100 or $6500 for each future traded. Of note, a prior symmetrical triangle in the pattern also occurred and reached the target. Its very likely the 1 year...
3/4 of Schabacher's criteria have been met in natural gas- technically needs 1 more month to retest the lows to be a safe double bottom. Nearing time to be long. Closing below the previous April/May lows would negate the analysis.
Riot just completed a double H & S similar to BTC this week. Break out at $8 - target $12 - risk to $6 would provide 1:2 risk ratio.
New moons in 2022 have coincided with tops in the S&P 500 and VIX lows. Nod to work of Chris Carolan @ www.spiralcalendar.com
Despite all the talk about negative yields, if you consider the definition to be treasury rates less change in CPI, 2021 is the first time since 1980 where real yields have been negative. Nine of the 11 cases prior to 2021 resulted in recessions. See Lacey Hunts latest quarterly analysis on page 2. hoisington.com
Amazing inversion of the yield curve - record speed in just 1 years time we have strong inversion of the 10/5 year curves. I think this could be a quicker turn of the cycle than previous times. Typically this type of inversion takes years to achieve . Typically this type of inversion is predictive of recessions. It may be time to go long bonds and eurodollar...
The 2025 versus 2022 curve of the Dec Eurodollar futures shows that yield curve inversion has occurred since March 2021. Usually an ominous sign and one ignored by financial media. The market seems to ignore the FEDs expectations of tapering the balance sheet and rate increases. A powerful signal. One could trade it by shorting the 2022 and going long the 2025. ...
Possible reversal patterns in ZB, GEZ2025 and GEZ2026 - a possible time to get long duration. Forming a small position at this point. Peter Brandt always says, "A pattern is not a pattern until its completed". Nevertheless, could not resist, possible small risk big reward in buying the shoulders prices here. Again, this is a head and shoulders pattern forming...
Possible head and shoulders forming within a symmetrical triangle. A "launching pattern" within an existing pattern. Sign of possible turning in bonds and longer term Eurodollar futures. Disclosure: starting small position long 30 yr treasury futures and interested in entering orders for more ZB and GEZ2025 and 2026.
In 2018 the bond turned upward once it went about 5 points out of its 28 year downtrend. Once again in 2022, it went about 5 points out of the channel and COULD be forming an early head and shoulders POSSIBLE reversal pattern. I suspect a lot of macro is coming together to bring a turnaround in bond prices. Raul Paul of Real Vision made this call in 2018 which was...
The yield curve between the 10 and 2 year has been collapsing since March 2021. It is erie to behold that the inversions of the yield curve were occurring 1-2 years before past recessions occurred in 2000 and 2008 and even before the recent pandemic. One can see when complete inversion occurs when the basis point difference goes BELOW ZERO. It would seem quite...
USD/SEK broke out of 7 month rectangle by 30 day ADX Criteria on Friday the 16th (over 69 PIP). Significant breakout. A bull back to the rectangle breakout area could occur. Last bar in the pattern is marked with a low. This is a decent classic chart pattern but the idea brought to be per @AndreasSteno. Much thanks. Newsletter specific recommendation (free) here:...
Long term BTC bull but see history rhyming here with the failure of a 4th parabolic move. Note monthly bar similarities. Typically this leads to an 80-90% decline in price over a painful 10-12 months based on past cycles. Notably during prior bear markets (monthly charts) there have been two remarkable bear market rallies (2015, 2018) between 30-40% in BTC. It...
The channel is at the lower end - levels of 180-200 on the long bond within reach of a new long bond bull market that may be just beginning. Last one was brief 306 days and ended with COVID19 starting in March 2020. Past bull markets have lasted between 12-18 months. Also possible that the current trend will fizzle out. The eurodollar futures curve seems to...
This device maker has fragile business model which may soon become victim of medicare reimbursement changes, reducing is current payment by 50%. 2 billion dollar business suddenly then becomes worth 1 billion by government edict. Most insurers will then base their reimbursement on the changes.
Is lumbars fall in futures market forcasting a fall in the US housing market ITB
Break out above 22.60 may indicate upside but break down below 12.60 indicates further downside for this stock