10 year yields have skyrocketed over the past year. A lot of shorts being posted since there may be a HnS forming. However, this chart is scary since the 40 year trend is on the verge of being broken.
MACD has not been confirmed, but i am leaning towards a bearish divergence near the end of this bull market. A significant correction/bear market may begin soon.
VIX looking for another wave up. Short SPX.
Barring the Financial Crisis, the VIX has never spiked this high.
Not sure where we go from here. The channel and long term trend suggests the 10 year will go negative, however I doubt the Fed will allow that, not yet at least.
Commodities like to move in tandem in the long run with a few divergences in the short term. Oil has been breaking out and NG will follow.
This long term cup and handle is looking pretty good for natural gas.
Cup and handle formation after massive 5th wave down. Speculative bias to the upside.
Candle filled in nicely to test the cup and handle support in play. Keep in mind, oil has already tested this and has rallied quite a bit.
Another test of the cup and handle. Bullish biasedness towards the upside short term at the very least.
Watching the last gasp of this bull market. Revised prediction "The Top" towards near the end of 2017. Trump undoing Dodd Frank and regulations: the rich get richer and market overreaches even more. Domestically deregulation a positive, but poor foreign policy missteps causing a power vacuum empowering rivals/enemies internationally. Rising geopolitical risks and...
I believe we are at "The Top" or near it for this incredible bull run we've had since the great recession. Be cautious.
2017-2018 Prediction Wave Theory. Post thoughts.
Crude major wave analysis. Anticipating 1 more minor wave burst to all time highs. Beware post election recession in 2017.
Still long till there is a decisive break below support. Next couple weeks will decide the hammer or short.