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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

N.B.
* The content in my articles is time-sensitive. Each one shows the date and time (New York ET) that I publish them. By the time you read them, market conditions may be quite different than that which is described in my posts, and upon which my analyses are based at that time.
* My posts are also re-published by several other websites and I have no control as to when their editors do so, or for the accuracy in their editing and reproduction of my content.
* In answer to this often-asked question, please be advised that I do not post articles from other writers on my site.
* From time to time, I will add updated market information and charts to some of my articles, so it's worth checking back here occasionally for the latest analyses.

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...

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NOTABLE POSTS WITH IMPORTANT UPDATES...

Tuesday, March 26, 2019

U.S. Bonds Inching Upwards

* See UPDATE below...

U.S. 2, 5, 10 and 30-year Bonds have been driving through prior resistance and inching upwards since the end of 2018, as shown on the following monthly charts.


Meanwhile, the following monthly SPX:VIX ratio chart shows that price has stalled just below the 200 "New Bull Market" level.

I anticipate that we'll likely see one last-gasp push in equities (SPX and other major indices) to, possibly a slightly higher all-time high, before we see a meaningful pullback/correction. Under that scenario, look for the SPX:VIX to break and hold above 200 and, potentially, retest the 280 all-time ratio high.

However, if the SPX:VIX fails to break and hold above 200 on an SPX rally, then I'd anticipate that we won't see a retest of the prior SPX high set in September 2018, but a fizzle before then, instead.

Either way, I anticipate that bonds will continue to gain ground...albeit perhaps slowly, but steadily.


Of note, is this astute observation from Slope of Hope's, Tim Knight...

Source: SlopeOfHope.com

I anticipate that a recession is on the way, if not this year, then likely next year...but likely slowing this year. I understand that Europe, China, Canada, and others are all slowing now. Watch the bond markets for clues and continued strength!

* UPDATE March 26...

Now this report from Investing.com...

Source: Investing.com