Price Time Volume Investing

Bonds made a big run in price yesterday and the angles I was watching were broken.  The 50% price/yield level is a significant level at this point.  The current swing has lasted the same number of days and has moved slightly less in yield.  Recovery from here in yield would most likely be bullish for short term yield.  A drop below the 50% level would hint at lower yield ahead and the continuation of deflation.

The 30 year bond has the current swing down is slightly less in magnitude than the previous move up.  Support by the 1×2 angle would point to strength.   A break of the 1×2 angle would be bearish for yields.

Related Posts

• Weekend Outlook – 13Dec09 (December 14, 2009)
• Weekend Outlook – 06Dec09 (December 7, 2009)
• Weekend Outlook – 22Nov09 (November 23, 2009)
• Weekend Outlook – 10Oct09 (October 10, 2009)
• Treasury Bonds Swing Down on Charts (October 6, 2009)

Tags:   BondsNo Comments