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The Markets – September 2, 2024
Posted on September 2, 2024 Leave a Comment
This upcoming week is a big week from a cycles perspective. Not as clear cut as it was in Mid-July but STILL a time for caution. WATCH THE YEN.
Junk Bonds – December 31, 2023
Posted on December 31, 2023 1 Comment
Junk Bonds are extremely important … quite the nice SELL PATTERN has hit or, perhaps, just a little higher. For the equity market (s) to continue higher, this SELL PATTERN needs to fail. Also, notice the “time” component working … it’s been working nicely and, obviously, it’s not precise but it can give us a […]
Junk Bonds – September 21, 2023
Posted on September 21, 2023 3 Comments
Last post on JNK: https://atomic-temporary-44460632.wpcomstaging.com/2023/08/16/jnk-august-16-2023/ On the daily chart below the JNK gapped down today and closed below (daily) the two trendlines we have monitoring. On the “good” and “other” scale this is an “other.” That being said, the REAL trend line that is CRITICAL is the second chart … a daily close below that […]
JNK – August 16, 2023
Posted on August 16, 2023 1 Comment
Last post on JNK: https://atomic-temporary-44460632.wpcomstaging.com/2023/06/27/jnk-geometry-june-27-2023/ Well, we have a BUY PATTERN on JNK right around the “key” trend line … that’s been holding the Junk Bonds up for all of 2023 and the last quarter or so of 2022. It’s important .. doing “basic” trend line construction we can see the “minor” purple line will […]
Island Reversals
Posted on July 6, 2023 Leave a Comment
I’ve been watching the financials, junk bonds and other important stocks …depending on the closes today. Here’s some important island reversals … WATCH THE CLOSE:
JNK Geometry – June 27, 2023
Posted on June 27, 2023 1 Comment
Spent some time on JNK today/tonight and tried some square outs in both calendar days and planets and blah blah blah. Even pulled out the Pythagorean ABC^2. To no avail .. then, I thought I’m “curve fitting it” so I just started to do some geometry. I’ve been sketching before I meditate based on Robert […]
JUNK (JNK) Bonds – March 05, 2023
Posted on March 5, 2023 Leave a Comment
The credit markets are a very important measure to monitor/watch w/ regard to equity volatility and strength. A correlation exists where deterioration w/in the Junk Bond market usually leads to or portends to weakness in the equity market and/or an increase in volatility. We have a VERY important pattern appearing on the hourly JNK BOND […]