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Terrys T - Part 2


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#1 Spectacular Bid

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Posted 26 September 2022 - 01:01 PM

Sorry for the 2 Parts. Had trouble with Chart and Text at same time. I drew Terry's T simultaneously on both the NYSE McClellan volume oscillator and the regular NYSE McClellan oscillator. Because the volume oscillator made a higher high in August while the AD oscillator did not, I split the peaks for the top of the T. The end of the T is projected for later this week. It could be a decent one although maybe just a short term one. That remains to be seen. I believe from sometime late this week we'll see a pretty good rally, but it might only be a week to 10 days.  On the Bond front I think the 10 year is getting close to a peak yield and could be quite a bit lower by year end. I just started purchasing Jan T Note calls and will average in over the next few days. They expire at the end of December. They have a little more than 13 weeks to expiration.



#2 Waver

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Posted 30 September 2022 - 04:29 PM

Still active, looking for a bottom here?