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Strategies & Market Trends : TRIPLE TRADES -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (2790)10/26/2022 2:50:51 PM
From: Tweets Boar Hog  Read Replies (1) | Respond to of 4414
 
I think it helps to look at these leveraged ETF's, at times anyway.

Here is what I more or less see at this point. I have this as a 3 bottom about to happen, coincident with a 3 of C of 4 in the TNX. This 4 should be nice, keep rates in a sweet spot for some time.

I think the Tran is a key chart and this market is putting in a sneaky bottom. Following multiple issues, timing wise see a lot of bottoms from right in here to about end of March. Chinese markets bottoms seem to be suggesting end of year bottom for them. Next year is the year of the Rabbit. Will the Rabbit run?

Tweets

TLT, hitting a cycle low. In an uptrending market the cycle lows are brief and tops are made to the right of hoop apex. In a downtrending market, the upswing part of the cycle hits at the apex of the loop or even earlier.


Tran. Due to overlap issues it is near impossible to count this anything but an ABC. This in turn nullifies all the big bearish counts. Has the C bottomed? If the C holds, the cycles suggest all hell to break loose upward, 2nd quarter 2023.