Jump to content



Photo

Yeah. Broken Parabolic.


  • Please log in to reply
9 replies to this topic

#1 OEXCHAOS

OEXCHAOS

    Mark S. Young

  • Admin
  • 22,074 posts

Posted 03 November 2023 - 09:20 AM

The TBT has fallen something like 12% in a couple days.

TYX11-03-23AM.jpg


Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter


#2 12SPX

12SPX

    Member

  • Traders-Talk User
  • 12,896 posts

Posted 03 November 2023 - 10:20 AM

To far to fast, gaps everywhere which is starting to look like confusion and indecision occurring and in the end that may not be a good thing.  My biggest question is when the pschy will change from the bond market rallying because of the hints of a  slowing economy helping stocks to the bond market rallying because of the slowing economy and stocks selling off because its "looking" to be slowing too much....  I figured that wouldn't happen till the new year but may happen sooner....



#3 Chilidawgz

Chilidawgz

    A fool and his money... (the second mousie gets the cheese)

  • Traders-Talk User
  • 5,626 posts

Posted 03 November 2023 - 10:35 AM

I had a buy signal on TLT 10/23.


Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
 
 

#4 Rogerdodger

Rogerdodger

    Member

  • TT Member*
  • 26,896 posts

Posted 03 November 2023 - 11:39 AM

I sold my TLT today. Short term looked overdone.



#5 fib_1618

fib_1618

    Member

  • Traders-Talk User
  • 10,148 posts

Posted 04 November 2023 - 09:04 AM

Longer term monthly chart since 1943 just for fun and historical context.

 

Fib

 

https://tinyurl.com/ypspxg3w

 

lttyx110323.png


Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

Technical Watch Subscriptions



 


#6 OEXCHAOS

OEXCHAOS

    Mark S. Young

  • Admin
  • 22,074 posts

Posted 04 November 2023 - 09:09 AM

Longer term monthly chart since 1943 just for fun and historical context.

 

Fib

 

https://tinyurl.com/ypspxg3w

 

lttyx110323.png

That's a good chart. I wanted to show that to my subs.

 

Mark


Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter


#7 steadyquest

steadyquest

    Member

  • Traders-Talk User
  • 797 posts

Posted 04 November 2023 - 01:25 PM

Looks like the 10 year yield has two options - rally or crash.

TNX.png



#8 Chilidawgz

Chilidawgz

    A fool and his money... (the second mousie gets the cheese)

  • Traders-Talk User
  • 5,626 posts

Posted 04 November 2023 - 11:29 PM

I sold my TLT today. Short term looked overdone.

Roger, to your caution to the long end possibly going higher in yield.

 

Federal Reserve’s “Sledgehammer” To Economy Is Being Offset By Government Debt Binge | Michael Kao

Edited by Chilidawgz, 04 November 2023 - 11:33 PM.

Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
 
 

#9 steadyquest

steadyquest

    Member

  • Traders-Talk User
  • 797 posts

Posted 05 November 2023 - 11:07 AM

If it chooses to crash, could find support at around 3.5.

TNX2.png



#10 steadyquest

steadyquest

    Member

  • Traders-Talk User
  • 797 posts

Posted 05 November 2023 - 08:47 PM

Or maybe it will bounce strong from here and kill the xmas rally.

TNX3.png