A simple update noting that like Japan before it, Europe is now making a bullish move vs. the S&P 500. Here is the daily chart
Last week these moderators were included in a post about the breakout in long-term yields and its implications… “This week, assuming it is confirmed by
Uncle Buck’s pattern is active, everybody sees it now and as noted in NFTRH 471, the buck has lost its contrarian edge (sentiment is neutral
The breakouts above resistance are now being tested in 10 & 30 year bond yields. Though it’s broken through the zone I drew, the 10yr
This morning in pre-market the 10yr US Treasury Note it testing its breakdown at the blue dot on the chart. And the 10yr yield is
It added a companion macro signal in waiting to go with the 10 & 30 year yield continuum limiters in order to one day signal
Okay I got sidetracked in the middle of NFTRH 471. While describing the trajectory of the ACWI World Index I wrote “upwards at 45 degrees”.
Intel is nearing the Cup & Handle target of 44 (later revised to 46). I took the profit at around 40 (silly me), which was
Well, I think the red headed step child has been beaten enough, don’t you? Pardon the insensitive old fashioned expression, but the point is that
At NFTRH, we are about major macro turning points above all else. Of course, it is often years between these turning points or points of
Still in the bottoming pattern, but now making a move on the neckline. By now the machines have probably picked up on this and they
As we wait to see if yesterday’s interest rate signal is confirmed as the beginning of the countdown to the 10yr & 30yr limit points
Folks, as a portfolio balancer things are becoming clearer, assuming the move up in interest rates is real today (see this post showing the details).
If this morning’s break above resistance is real you’ll need to have your thinking caps on in the coming weeks. It’s about to get really