#SPX is at the same level as in early Aug/$QQQ is at the same level as late May. U can be bullish or be bearish, but the mkt doesn't really care.Both mkts pushed to new ATHs w/ zero follow-thru. Failure-at-High or Slingshot - many names for this pattern, none very bullish. ⬇️
The top chart is SPX 2007. The bottom chart is QQQ 2026. The $IXIC Nasdaq is the same as $QQQ.
19 yrs apart - why 19? Lunar eclipses happen on the same day 19 yrs apart - this yr repeated 2007.
Hmm....
Thanks to @tradingplanets for noting the eclipses. Great stuff there! 🪐🌛🌑
$QQQ - key zone at hand 733.29. This week's Drummond dot on the wkly chart. A close under it would abort the recent bull move & shift it back to neutral.
Bulls & bears can shake their pom-poms, but let's see what the mkt decides. A close under mean next wks dot at 746 = RES atm
Man, it's great to be able to cherry-pick one's calls. Pom-poms for $IXIC now, but what about the base:0x38f9bf9dce51833ec7f03c9dc218197999999999 pom-poms in August?
Just admit that the markets are sending conflicting signals - cuz they are. Or doesn't that sell subs?
$TNX - 10 yr yields now back to the 1993 LOW of 5.19%. This 5.15/30 zone has been a key pivot since the June 2007 high...... hmmmm 🤔
@biancoresearch ..... a post for Tom C
Ann'l Notice of Seasonal Date Sept 22 --- Day of Infamy -- as per #Gann & the late Paul Montgomery who reprinted this report each year.
Many mkts have had nice moves & are to be watched for potential reversal. Heliocentric Jup trine Sat this wk for the astro crowd! Cheers ☀️🪐
All the worry about higher rates - please try looking at history. 5% is still not even a 38% retracement.....
2000 WSJ article...."what are bonds for Timmy? Bonds? Bonds are for losers, Dad!" 🤣
Replying to @tradingplanets
Probably.....rates were 41 yrs up / 39 yrs down......I expect rates to trend higher for the rest of my lifetime, but may be interesting for a trade.
A fibbo .382 RT is 6.5% BTW - 😅
But the correlation w stock prices is low. How did stocks do from 1949? Haha...
10 yr target sighted, met and holding. Thanks for playing.
Now - double top with Oct 2023? See how it acts if it can get back to 4.75% zone......
Rates Update: rut-ro.......
Rates Update: rut-ro.......
Bond-eclipse update - 25% of the time, the eclipses saw a range breakout. While the yield rise stalled at the solar eclipse, the market has set up a range that seems likely to break as the lunar eclipse sq Uranus happens tomorrow night (in US).
"Lights out and away we go!"
Great value, IMO
“The BTC forum is too expensive.”
Get out of here!!! 😂
Ditch the cell phone contract. Cancel one of the 14 subscriptions you never use. Stop staring at charts all day while taking trading advice from X influencers.
People will happily spend thousands every year on phones, cars, holidays, subscriptions and absolute nonsense…
…but suddenly investing in serious market education and research is “too expensive.”
I spend days and weeks on this analysis. Years went into developing the methods behind it. Members aren't paying for another bloke shouting “BULLISH 🚀” on X.
They’re getting my actual research, methods, analysis and thinking — including the same work that helped me call the last major BTC top.
And maybe, eventually, they realise these methods actually work and decide to become a full member and do themselves the ultimate favour!
This BTC forum is only a taster!
If that has no value to you, genuinely, don’t join.
I even had one saying:
“It won’t be useful to me unless I know if the bottom is in. Is it in?”
LOL LOL. Nice try! 😂
In other words: “Before I pay for your research, can you just give me the answer I’m thinking of paying for?”
But please spare me the “too expensive” line while paying £80 a month for a phone and getting your market analysis for free from influencers who seem more concerned about their makeup and pecs than actually calling the markets.
Priorities, folks. 😂
The upside breakout in rates seems to have been postponed....last is 4.64 #eclipseseason👁️🔎
Solar eclipse & bonds - data back to the '80s shows an ~85% chance of a turn during eclipse season. The March solar eclipse marked the low yld of the year - this one comes near the high yld of 2026.
Action < 4.55% wud suggest lower yields ahead (find the H&S top). Last = 4.62
It's amazing how many accounts that know nothing about bonds, bond yields, or TIPS are now spouting off about the dire future now that yields have made a higher yield by a few bps. Awesome...
Pls share w the class the TRR profiles of 2yr, 10yr, 30y nominals & TIPS in a bear mkt





















