NOTE! This site uses cookies and similar technologies.

If you not change browser settings, you agree to it. Learn more

I understand
Wednesday, 25 November 2015 12:37

Untie the bond in the short term?

After a strong pullback to test the descending 34 days sma, we might expect a decrease of bond future in the short term.
Yesterday ended with a shooting star candlestick (upthrust with extremely high volumes), which represents a possible reversal signal.

 bond shooting star upthrust

In addition, if we try to follow the Elliott waves, we can wait for the step number 5, which should be descending.

bond elliot wave

So, we can expect a decrease of bond price, in the short term, but remember: this is not a trade solicitation and, if you decide to trade, you do it at your own responsibility.

Seguici su Twitter


Trading for Purpose RT @AheadoftheNews: NYSE adv/dec past 2 days. Note the strong opens which deteriorate as day progresses. distribution.…
Tuesday, 20 March 2018 06:37
Trading for Purpose RT @ttp_mailus: Cronos Group ($CRON) flies high in Wall Street. Apparently the cannabis business pleases investors. cannabis weed Medic…
Friday, 09 March 2018 10:43
Trading for Purpose RT @ttp_mailus: FOX has just won an Oscar for 'The Shape of Water'. Is the newly formed trading range a distribution or a riaccumulation?…
Monday, 05 March 2018 12:17
Trading for Purpose RT @ttp_mailus: The results of Italian elections begin to clear up and the FtseMib index struggles not to collapse. The ascending channel,…
Monday, 05 March 2018 11:12
Trading for Purpose RT @ttp_mailus: Usually the oil stocks index turns slightly earlier than crude oil itself. Recently XLE (blue line) turned south at end of…
Thursday, 01 March 2018 14:21