Stock and Bond Market Levels – This is Big

The DJIA has returned to a major long term parallel and the 10 year U.S. T-yield is a few ticks shy of old lows (charts below).  I’ll go out on a limb and say that these markets are testing important barriers.  Good luck!  

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10 Year U.S. Yield – Know this Number

This TNX chart is one of the more important charts to keep tabs on early in in the new year. Specifically, be aware of 2.45 or so for support.

Bond Market Low?

The following TLT (long term U.S. bond market ETF) chart and comments are from a special report that was published for members on 10/13.  TLT traded to 111.90 last Friday (11/2) and gapped higher today (11/5).  An important low may be in place. 

COT: Speculators Start to Embrace Sugar and Coffee

The COT report is published each week and includes observations on charts of markets that exhibit interesting ownership characteristics and/or changes in ownership characteristics. This week’s update includes observations on crude oi, coffee, and sugar.

Major Markets Special Member’s Report

I spent most of this past weekend researching and writing about major markets.  The result was a special report for SB Trade Desk members.

COT: Precious Metals Positioning is the Most Extreme Ever

This week’s update includes observations on gold, silver, and platinum. Positioning in precious metals is extreme which indicates potential for a squeeze.

Metals and Coffee Ownership Profiles Warn of MAJOR Turn Potential

This week’s update includes observations on British Pounds, metals (gold and platinum), and coffee. These markets’s ownership profiles are extreme.

Watch the Latest Strategy Webinar Free

Each Wednesday (or Thursday but usually Wednesday), I host a live webinar for SB Trade Desk members.  The goal of the webinar is to shed light on the analysis and trades in the Swing Updates (written every day) and answer member’s questions.

Currency Ranges Remind of 2014 Conditions

A quiet currency market in July isn’t unusual but this July was unusually quiet.  The EURUSD monthly range was just 1.85%.