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Long Bond Auction on Thursday could be big trouble.
Posted 09 January 2024 - 12:35 PM
Posted 09 January 2024 - 09:10 PM
That's behind the Monday's rally, though an over hyped old story from last year ..............................
Posted 10 January 2024 - 12:55 PM
But if CPI stay unchanged it's bearish for the market. Let's see .......................
Edited by redfoliage2, 10 January 2024 - 12:58 PM.
Posted 10 January 2024 - 01:06 PM
$NASDAQ is at 14949 here up 470 since Friday
Our CURRENT BULLISH OBJECTIVE TARGET for this move is 15114
Posted 10 January 2024 - 01:23 PM
But if CPI stay unchanged it's bearish for the market. Let's see .......................
It looks more likely iunchaged according to some analysts ....................
Posted 10 January 2024 - 01:38 PM
The 10 year yield (TNX) is ticking up today that may give a clue for tomorrow's CPI .......................
Edited by redfoliage2, 10 January 2024 - 01:39 PM.
Posted 10 January 2024 - 01:51 PM
VIX unbudged today while SPX up 17, a red flag for tomorrow .............................
Edited by redfoliage2, 10 January 2024 - 01:52 PM.
Posted 10 January 2024 - 03:12 PM
I think I was BULLISH ENOUGH, I gave the initial $NASDAQ target at 14848 - off the low of 14477 - I said by Thursday, we got there on Tuesday. Now I'm saying 15114, but we'll see if we get there, because time is getting very short now for this high.
Posted 11 January 2024 - 10:16 AM
It's THURSDAY
Posted 11 January 2024 - 11:55 AM
It's THURSDAY
It's going to surprise many traders as it's still going to be lower for the long bond looking on the trend ........................
Edited by redfoliage2, 11 January 2024 - 11:57 AM.