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Breadth Negative, Confirmed, But "Best Fade" Buy.


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#1 OEXCHAOS

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Posted 21 August 2026 - 09:22 AM

So, Cumulative Breadth on the NYSE is negative and confirmed, the ITBM on the S&P is negative and confirmed, but the MACD just crossed yesterday which is at least a "Best Fade" Buy.

In my experience, about the time that most good indicators go to Sells, it's bounce time.

 

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#2 steadyquest

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Posted 21 August 2026 - 11:19 AM

Can the market handle the 10 year breaking out?  Up almost 1% today - what if it keeps going higher?

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Who does Bessent think he's kidding?  Looks like this horse is out of the barn.

2140f62b4fb78ae6e2fd.pngdba137a2eb10881bea99.png

 

#3 redfoliage2

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Posted 21 August 2026 - 03:33 PM

The yields for T-bonds likely to go higher even though Dept of Treasury said to double the amounts of buying on the 30 years bond.  The question is where the money will come from?  It's likely it has to sell double amounts of shorter terms bonds for the money needed................................


Edited by redfoliage2, 21 August 2026 - 03:34 PM.


#4 pdx5

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Posted 23 August 2026 - 02:29 PM

The yields for T-bonds likely to go higher even though Dept of Treasury said to double the amounts of buying on the 30 years bond.  The question is where the money will come from?  It's likely it has to sell double amounts of shorter terms bonds for the money needed................................

Sounds  right. Only other way is to cut federal spending which has zero chance.


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