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iShares 20+ Year Treasury Bond Message Board

  • likesmoney122112 likesmoney122112 Mar 12, 2013 7:27 PM Flag

    Daily Cycle Low

    It is interesting to note that Bonds were catching a bid as equities sold off.

    Friday was day 24 for the daily bond cycle.
    Bonds were in the timing band to print a daily cycle low.
    Tuesday saw bonds break above Friday’s high, thus forming a daily swing low.
    A break above the declining trend line confirms a new daily cycle.

    Bonds are also in the timing band to print a weekly cycle low.

    The fall triangle consolidation makes defining an accurate weekly cycle count difficult.
    An 18 week count places bonds in the early part of the timing band.
    A 25 week count places bonds in the latter part of the timing band.

    I would venture to say if we see the dollar’s weekly cycle peak here, that may mean that this is week 18 for bonds and they would likely continue lower in concert with the dollar.

    Cycle Trading: In Pursuit of Bottoms

 
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