Short Term Trading Member Forum

[techcharter]

Bliss, Bond yields

Yield oversold = bonds overbought.

Now is the time to start focusing on the trend change. I've noticed the stochastics will go to overbought or oversold a couple of times before the trend finally reverses. The stochastics for the yield show the yield to be near oversold levels a second time during the consolidation. This time the conditions are deeply oversold.

Sometime higher highs, high lows happen on the stochastic during a rally, and lower highs, lower lows during a sell off. Sometimes a triangle will form on the stochastics, so some consolidation and then a final bond rally before the next major sell off begins is still possible.