S&P 500 Midday Update 2019-11-15
SPX rose as expected this morning but has pushed past 3114. Is that a big problem? I don't think so but you can also treat the last week or so as a fourth instead of an ending diagonal with this...
The Day Ahead: AM Edition 2019-11-15
Charts added to this post as I complete them. Full post ETA 10:30.
The Week Ahead 2019-11-10
Bonds fell last week staying on plan for lower into the end of year or even out into March of next year. Bond prices are testing the top of the target range for 'c of (b)' at 156^01 but I'm not expecting much of a bounce from this level.
The Week Ahead: 2019-11-03
Theme in bonds remains lower into March of next year in a 'c of (b) of ending diagonal [v]'. Near term, think wave '[II] of c of (b)' is forming under 161^25 or 163^03 before pressing lower in '[III] of c of (b)'. Probably can use another week or two for [II] to ripen.
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