October 1, 2020

Higher Rates for Notes and Bonds

March 18, 20 our headline “Hedge the Notes and Bonds and nothing has changed in that outlook

The background for rates is like a high tension act.  Since interest rate volatility measures from its May low worked off into a TE#2, a set up predicting a major trend-based on the weekly chart. That low followed by 11 weeks of tension building where the bulls and bears could not kick off a trend. The coiling up action cycled back this week into a new TE#2, again calling for a forceful trend. 

This work by Jack Cahn is licensed under a Creative Commons Attribution-NonCommercial 4.0 International