Posted by sbaxman111 on 1st of Dec 2015 at 01:02 pm
At 1:00 pm the TYX is currently significantly overbought.
Its' daily RSI-4 value is below 10% for just the 3rd time in 2015
(Jan & March others). The %B indicator is also well below 0%
for just the 4th time this year. In addition, the 60 min TYX chart
is extremely overbought on virtually everyone of my various
short-term indicators. The 60 min RSI-2 is currently at just
0.41%.
TYX extremely overbought
Posted by sbaxman111 on 1st of Dec 2015 at 01:02 pm
At 1:00 pm the TYX is currently significantly overbought. Its' daily RSI-4 value is below 10% for just the 3rd time in 2015 (Jan & March others). The %B indicator is also well below 0% for just the 4th time this year. In addition, the 60 min TYX chart is extremely overbought on virtually everyone of my various short-term indicators. The 60 min RSI-2 is currently at just 0.41%.
A test of the upper trendline on TLT daily
Posted by junkie on 1st of Dec 2015 at 01:06 pm
A test of the upper trendline on TLT daily: http://stockcharts.com/h-sc/ui?s=TLT&p=D&yr=0&mn=7&dy=13&id=p62216083440&a=177857732&listNum=51 Bonds are predicting a sell-off of some kind, IMO.