“Head And Shoulders” Showing In Many Treasury Charts In his latest slidepack, BofA’s chief technician Paul Ciana sees nothing but head & shoulder reversal patterns in virtually every currency pair and rate chart: i.e., the unwind of “Trump trade.” As he writes in a just released note, “many US dollar and euro crosses, US rates, US […]
Another Reason Not To Sell Bonds…Yet As I penned last weekend: “If the market corrects, OR the economy hits a speed bump, OR something happens in the Eurozone, OR…OR…OR…the covering of short positions in bonds will cause an extremely fast drop in yields. Sure, anything can happen. If yields on the 10-year Treasury break above 3% it […]
Market Road Maps, TNX Road Map
TNX has recently broken from a long term weekly pattern (blue s/r, wedge pattern resistance) and we are currently watching the degree of pull back. There is potential for a drop back to the larger weekly pattern to retest the s/r that has been broken out of. An initial break of 2.3 offers potential opportunity […]
Market Road Maps, TNX Road Map
WEEKLY View: A long term descending wedge pattern can be seen coming from the left of the chart; this has recently been violently broken through: the lift can be seen to reach significant pattern resistance. The last few weeks have seen the market fall off slightly from the recently made high, dropping back in to […]
Market Road Maps, SPX Road Map
Market action on Thursday lifted in to the High Probability Target Zone published in TRIGGER$ on October 1st. “Current market form suggests a consolidation, with another lift up needed to complete before the next significant drop occurs (continuation of the dramatic fall off that can be seen). This could see the red channels above re-tested…… […]
Market Road Maps, SPX Road Map
Today had a slight market pullback that may still be felt a little bit yet tomorrow. However, this is likely just a normal correction to the upward trend, which will continue once the correction is complete. Looking at chart 1 below you can see the current market at several significant technicals: the 13ma, green channel […]
Market Road Maps, SPX Road Map
A few potential moves to watch out for this week. Some correlation between the indexes and stocks. Indexes: SPX, NYSE,NASDAQ SPX: Watching for a little bit more potential lift, where wave A = wave C, taking the market to around the 2055 level. Significant red long-term trend lines and other technicals can be seen in […]
Market Road Maps, SPX Road Map
A quick review of our S&P market analysis this year. While the recent market moves have caught some by surprise, we have been expecting it for some time. As you will see, several warnings were clearly given. Charts 1 – 3 were published at the beginning of spring this year. These are weekly charts and […]
2015 Q1 Techncal Update This is the blueprint for a video that will hopefully be completed in the next week or so. The analysis is given here first for subscribers. Contents: S&P Gold Silver Oil DOWNLOAD PDF REPORT
