‘bonds’ Archive

Bonds creating bullish inverse head & shoulders pattern?

  CLICK ON CHART TO ENLARGE 2013 wasn’t kind to the bond market, one of the worst years in a long, long time. The decline in bond prices drove TLT down to its 38% Fibonacci retracement level.  Could TLT be forming a bullish inverse head & shoulders pattern after the big fall? Possible! TLT is [...]

Joe Friday…Two-Thirds chance Bonds rally and yields decline!

  CLICK ON CHART TO ENLARGE The yield on the 30-year bond has created a multi-year bearish rising wedge and is breaking lower support of this bearish pattern above, after hitting its 61% Fibonacci retracement level. CLICK ON CHART TO ENLARGE The yield on the 10-year note has just experienced its sharpest 18-month rally in [...]

Three largest SPY declines in 7-years took place when this happened!

  CLICK ON CHART TO ENLARGE What do the three largest declines in the S&P 500 since 2007 have in common? It doesn’t have to do with the VIX being low! It doesn’t have to do with bullish sentiment being high either? Have any thoughts what these declines have in common? The top chart is [...]