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Yeah. Broken Parabolic.


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#1 OEXCHAOS

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Posted 03 November 2023 - 09:20 AM

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

TYX11-03-23AM.jpg


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#2 12SPX

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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

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Posted 03 November 2023 - 10:35 AM

I had a buy signal on TLT 10/23.


Anything can happen...what's happening now?
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#4 Rogerdodger

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Posted 03 November 2023 - 11:39 AM

I sold my TLT today. Short term looked overdone.



#5 fib_1618

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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


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#6 OEXCHAOS

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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.

 

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#7 steadyquest

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Posted 04 November 2023 - 01:25 PM

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

TNX.png



#8 Chilidawgz

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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

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Posted 05 November 2023 - 11:07 AM

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

TNX2.png



#10 steadyquest

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Posted 05 November 2023 - 08:47 PM

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

TNX3.png