AGG wave 1 of wave C correction bonds normally predict stocks, so that's probably what we are looking into next 6 month.
Relative Momentum in Bond Market, different term treasuries and corporate bonds.
I think we are quite close to seeing a bounce in US Bond ETF's. With the 10 year falling back under 3.0% and bond charts in general showing lots of divergency between price and indicators, i think we can get a bit of a bounce here. Also some good volume coming in on the AGG US bond etf which shows interest emerging.
Looks a bit like bullish divergence in the chart of AGG. It would surprise the greatest number of market participants if the long-awaited interest rate rally turns out to be a bond (price) rally instead.
AGG currently finds itself in a small channel. Look for a move to the downside.
Who Trust the Federal Reserve...?? Their takeover of the Bond Market and zero rates is not without some downside.
AGG dropped like a rock in the Mar Selloff...I usually get out too early but better than too late...
Did well since low of May 11, not going to stick around for the drawdown. If the market corrects, I think AGG goes down with it...
Bought on May 11 (got lucky) it has been a pretty good run. Up leg, pullback, then up leg!
May see a divergence...but more likely a pullback in equities...
A falling wedge is Usually bullish.
Nothing goes in one direction forever...
10-JUL Price trend forecast timing analysis based on pretiming algorithm of Supply-Demand(S&D) strength. Investing position: In Falling section of high risk & low profit S&D strength Trend: About to begin an upward trend as a adjustment trend gradually gives way to increasing limited falls and strong rises. Today's S&D strength Flow: Supply-Demand strength...
Technical analysis is great for free market securities, but, when it comes to treasuries, the Fed remains the bigger decider of price direction. Fundamentally, this instrument is set to go down further. The positive economic outlook pushes the Fed to raise rates and prices do not reflect their target yet. Over the coming two years, unless there is a dramatic...