The stock market rally isn't over & bonds may not get bid for a while. Short-term the stock market may see a Wave 4 corrective pullback but my count still shows a Wave 5 leg in the future. Based on my outlook on the dollar strengthening and the stock market continuing to rally I am short bonds. I am slightly late to the Wave 5, so our risk will be a slightly higher than typical.
Technicals
I will be shorting
TLT looking for the competition Wave 5. Bonds have completed the Wave 4 correction wave and should be continuing lower.
Fundamentals
The dollar is strong & will continue to strengthen as the Fed hikes rates. Bonds will weaken.
Comment your thoughts and we will discuss.
Technicals
I will be shorting
TLT looking for the competition Wave 5. Bonds have completed the Wave 4 correction wave and should be continuing lower. Fundamentals
The dollar is strong & will continue to strengthen as the Fed hikes rates. Bonds will weaken.
Comment your thoughts and we will discuss.
Follow me to stay updated with this trade and any other trades I initiate.
Dylan
Dylan
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Follow me to stay updated with this trade and any other trades I initiate.
Dylan
Dylan
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.