10y Treasury collapsed right to major supp/res. Careful here!

78 2 1
I was hoping for a Head and Shoulders to enter major short. Unfortunately it just ticked up to 131 on Trump victory, but immediately collapsed from the peak without virtually any pull backs! It was a tipical nice call ... but missed trade from me.

Bonds are very oversold now, and futures price reached an important key resistance. I expect some consolidation here, even a pull back would be very healthy. So if you were lucky enough to be short, time to reduce positions.
DO NOT go long! Rather try to catch a spike to open shorts again.

- Straight collapse from 130-131 to 126'23. -> major bullish trendline is here. Probably that's why Mr Gundlach also suggested 10y bond yield could temporarely top here.
- Heikin-Ashi signal is strong bearish , but watch out for haDelta and DMO             which reached extreme lows! -> Market is very oversold, this momentum can not be as high as now. Consolidation should happen.
- EWO             is more bearish , suggests a new longer term bearish trend is unfolding. -> try to find value entry points for shorts
- MACD is lower, signal line dips below zero!

- Bearish Ichimoku and Heikin-Ashi setup
- Warning for shorts: haDelta, DMO             and EWO             all too deep low. They should correct from extreme low prints.
- If market pulls back towards 129-129'15, try to catch a sell signal there!
It means dollar will go down?
Phản hồi
Kumowizard PRO RuhailKhan
@RuhailKhan, yes, it possible. The USD strength is mainly due to the higher 5y and 10y treasury bond spreads over EUR bonds. If we see a correction in bonds, then possibly we see a pull back in DXY (USD Index) too. At least short term.

Long term I think rump's fiscal policy will matter: he will do a big fiscal stimulus to achieve his goals. Only way is USD devaluation: issue more bonds and monetize it all. That will be very bearish for the USD.
There is also one more thing to watch: if ECB changes policy a bit, and they go after FED, let's say with some tapering, or rate normalization. That would also reverse the EURUSD.
Phản hồi
Tiếng Việt
English (UK)
English (IN)
Bahasa Indonesia
Bahasa Melayu
Trang chủ Sàng lọc cổ phiếu Công cụ tìm kiếm tín hiệu Forex Tìm kiếm tín hiệu Cryptocurrency Lịch kinh tế Cách thức hoạt động Tính năng biểu đồ Điều khoản sử dụng Người điều hành Giải pháp Website & Môi giới Widgets Thư viện biểu đồ chứng khoán Yêu cầu tính năng Blog & Tin tức Hỏi đáp Hỗ trợ & Wiki Twitter
Hồ sơ Tùy chỉnh hồ sơ Tài khoản và Tính phí Tickets Hỗ trợ của tôi Liên hệ hỗ trợ Các ý tưởng đã xuất bản Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất