shawnsyx68

shawnsyx68

This is bad. When you can't create supply what happens to the saying about what cures high prices? Waaaay Higher prices and Economic global recession.

shawnsyx68

It sure will if this double bottom low doesn't hold. This is also the .382 fib retracement area as well

shawnsyx68

The inversion of the yield curve becomes problematic when it starts reversing. This is starting to happen at a higher and higher levels where true inversion isn't necessary for economic destruction. What level will it stop at this time? each of the past 4 have been at higher levels. My guess is that 1.75% on 2 yr rates and 4.5 on mortgages crushes stocks again...

shawnsyx68

Will it be options A - Head & Shoulder Top, Option B - Bear flag or Option C - Non of the above

shawnsyx68

This is the most likely setup based on macro economic events and technicals. I do believe we will avoid the major plummet, but still more pain to come as rates attempt to battle inflation.

shawnsyx68

Riddle me this Batman, if junk bonds aren't a buy here then how is spy. Are they both a buy? We shall see

shawnsyx68

Do you buy spy or lqd right here? or do you sell spy and buy lqd. Vote

shawnsyx68

It's either a gap and go or a gap and blow (vomit). $cpi will be the tail wagging the dog tomorrow. $jnk not showing much love on this bullish move. Be careful

shawnsyx68

Commodities have reached target and key overhead resistance. Short April crude at 89.80 Yield in tnx also reached target on same day and I bought bonds at 152.20

shawnsyx68

My target for the ten year has been reached and my short on bonds is done. I've reversed and gone long now. Good luck!

shawnsyx68

Sell crude sell oih or buy oih. Let me know your thoughts

shawnsyx68

Things get very interesting from here. Stocks did not follow bond prices lower as bonds made new low. Which do you buy here? Stocks or bond? or.....Do you sell stocks and buy bonds? or just sell stocks? Wonder what @allstarcharts thinks?

shawnsyx68

This support better hold or its down to the 50% Fib re-tracement at 171. From 2020 low to recent high

shawnsyx68

There is an airpocket and lack of support till it reaches 197 and fills that big gap.

shawnsyx68

You may get some additional downward movement in rates which eases stress on markets....In the short-term, but the march to 1.94% will resume. Plan accordingly

shawnsyx68

Where spy tops out is questionable. 4800, 5000, 5250 ? Who know, We are now in the later stages in my opinion. Keep bets small and use stop losses and options to manage risk. A lot of money can be made or lost in this final stage. Don't be greedy and manage risk. Volatility will remain high so keep positions smaller than usual.

shawnsyx68

WE have a legit top in place and it rejected overhead resistance yesterday. Will it follow $spy or will spy follow it back down? Place your bets

shawnsyx68

Or it's about to get ugly up in here. Financials are on diagonal support that needs to hold