Possible Bottom for Bonds

June 30, 2015

Lord Nigel Boner (@BonerTimes) asked today about Bonds (TLT). He wanted to know if it have legs to run and thus equities will move in inverse?

Let’s take a look.

A double bottom appears to be forming for bonds. Friday just may have been day 27 instead of day 12. A day 27 count makes it more likely that bonds are emerging out of a daily cycle low. A clear and convincing break above the declining (red) trend line will confirm a new daily cycle.

The intermediate bond cycle peaked on week 3 and printed its lowest point last week, which was week 16. Although a bit early Bonds formed a weekly swing low. A close above the lower weekly cycle band will confirm a new intermedaite cycle.

5 responses to “Possible Bottom for Bonds”

Yogigyani

June 30, 2015

Where is Snp in cycle count? Do you expect more down days ? Is HCL done?

Reply
1. Geurt Hoekman
  
  June 30, 2015
  
  Good question Yogigani, look forwards to his answer.
  BTW…. do you (so as I) a subscription with Gary Savage.
  Nice to see you here as well.
  
  Reply
  1. Yogigyani
    
    June 30, 2015
    
    Yes my friend. Counts are keep changing.
Geurt Hoekman

June 30, 2015

Good evening sir.
To understand you well, you said: “A close above the lower weekly cycle band will confirm a new intermedaite cycle”. Question is: What should then the closing prive? Is that 117.53 or higher? Please… look forwards to your response. Many Thanks.
Geurt.

Reply
1. likesmoneystudies
  
  July 1, 2015
  
  Geurt,
  
  The current lower weekly cycle band stands at 118.86
  
  LM
  
  Reply

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