“As you can see this indicator is currently trading in the lower reversal zone and I feel a bottom will form before March is over.”
“Looking at the bottom indicator which is my gauge of panic selling within the market, it has yet to close above 15 which is the minimum number I typically look for before I start zooming into the intraday charts for a long entry (market bottom). We still could see much lower prices before we see that.”
"As I have been writing about for weeks now, the 10-year yield's been caught in what looks like a Symmetrical Triangle of its own and particularly with this week's spike down in yield.
This chart, however, suggests that a much bigger spike down in yield is to come and one that will be put in between about 2.75% and 3.00%.
If the 10-year yield should spike down in such a manner as investors push the price up in a fast flight to safety, such a move would be the very thing to confirm that the risk rally had, in fact, suffered a cruel correction as risk is shunned and safety sought."
发表于 2011-3-14 08:19
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发表于 2011-3-14 13:34
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