Monday, February 28, 2011

See how close we are to a game changer (or continuation confirmer)?

If Uncle Buck collapses and Treasury yields rise in response, everything changes.  While the monthly EMA 100 has been resistive for Treasury yields, USD has an EMA 100 of its own holding it down.  Furthermore, if USD fails its little green dotted uptrend line, do you suppose that will be all she wrote for contained bond yields? 

No matter what lay ahead (business as usual as yields and asset markets correct while USD rises... or USD goes terminal and yields get out of hand), it is going to be exciting.  I like exciting because I write a blog and a newsletter.  So once these and other other indicators confirm and give clarity, it is going to get mighty fun 'round here. 

Meanwhile, try not to get caught up in the interim whipsaws and such. USD has not collapsed and yields have not broken out.


http://www.biiwii.blogspot.com
http://www.biiwii.com