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02/02/2019 Weekend Update

PostPosted: Fri Feb 01, 2019 5:29 pm
by Cobra
Up 1 week, 77% chances higher high ahead the next week so might still some up rooms...

Re: 02/02/2019 Weekend Update

PostPosted: Sat Feb 02, 2019 1:01 pm
by Al_Dente
If SPX can continue see-sawing upward to eventually test her October high…
It would certainly be a “requirement” for an “all clear signal” to see the Advance Decline Line showing similar strength, without a negative divergence
Funny thing is that the AD Line on the SPX has already broken out, higher than its October high,
and the AD Line on the NDX is very nearly there too (albeit double top potential)
(see green circles)
THAT IS IMPRESSIVE

22ad line.png

Re: 02/02/2019 Weekend Update

PostPosted: Sat Feb 02, 2019 1:57 pm
by Al_Dente
2_2 gross national debt.png.png

Our exploding debt is financed by the issuing of treasury securities, week after week.

“When that appetite … for US Treasury debt wanes, yields will rise because buyers will have to be lured into this market to absorb this flood of new securities on a weekly basis. But so far, so good – with the enormous appetite … pushing down the 10-year Treasury yield today [1/31/19] to 2.63%.”

So, who is buying all our debt?
https://wolfstreet.com/2019/01/31/who-b ... 12-months/

Re: 02/02/2019 Weekend Update

PostPosted: Wed Feb 06, 2019 12:05 am
by alanrogger007
Really a nice post