Check out this chart from StockCharts.com for $TNX
RSI = L1 grid Normal (transition)
Price = L1 grid Solitude (oversold). L2 Grid Normal (transition)
MFI = L1 grid n/a
Stochastic RSI= L1 grid Frenzy (overbought)
Analysis - mixed signals but generally bullish, price is compressing and coiling like a spring
Conclusion - bonds are highly manipulated but ready for a chaotic event
Action - sell Bonds trailing stop
RSI = L1 grid Normal (transition)
Price = L1 grid Solitude (oversold). L2 Grid Normal (transition)
MFI = L1 grid n/a
Stochastic RSI= L1 grid Frenzy (overbought)
Analysis - mixed signals but generally bullish, price is compressing and coiling like a spring
Conclusion - bonds are highly manipulated but ready for a chaotic event
Action - sell Bonds trailing stop
No comments:
Post a Comment