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The Day Ahead: AM Edition 2020-12-29
Bonds trying to wake up again as they are above 172^18 which is a positive in the short term.
First Look: 2020-12-29
S&P 500 futures are up again overnight and thus see that as on plan.
The Day Ahead: PM Edition 2020-12-28
Bonds dipped today to retest 171^29 but quickly recovered 172^14.
The Week Ahead 2019-08-11
Bonds have run up to just short of the 2016 but it is holding under it so far. I prefer a lower high to 165^04 but if it pokes to a new high, I will just call this the end of a larger diagonal. Ideally, prices use 162^30 as resistance and fall back to 159^04 or 156^01. Bears need bond prices under 156^01 to take a new high off the table.
Yen Futures and ETF (FXY) Update – 2019-08-07
Yen has rallied up with gold but I still think the overall Elliott triangle is still valid. It looks like the dominant weekly cycle will be invert and be a high. The ideal cycle infection point is September 13 but we are already in the window. First step for a reversal would be falling under prior resist at 0.009386.
The Week Ahead: 2019-08-04
The idea of a lower high in bonds is certainly under stress as bond prices are nearing the 7/8th retrace at 161^09 which is the practical last chance for a wave [ii]. 160^14 which is a fib extension is worth paying attention to early this week.
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