TNX : A COMPREHENSIVE LOOK AT US INTEREST RATES
FROM THE WIZARD
First I will toot my own horn…I spotted a breakout on the TNX and posted my simple chart on Friday .
I was NOT aware Rambus was to do his weekend report on the TNX …and he certainly was not aware of my little rudimentary chart.
Here is what a Master Chartologist Thinks is happening …IF so This is HUGE…
This will be made Public but it’s a First Look (Other than for Rambus members) right here at Goldtent
https://rambus1.com/2023/02/12/weekend-report-tnx/
PS if you are Not a member of Rambus Chartology and you are at all involved in these markets…or any market involving Interest Rates…now is a good time to follow this !
https://rambus1.com/membership-subscription-service-via-paypal/
“IF so This is HUGE”
It is, and its tied to the dollar as well. And Risk Off.
Regarding the “IF”, I have TBT very OB on the daily here, and the recent pattern looks corrective up (last 10 wks) but I’m quite certain even if I’m right, the move higher isn’t about IF but WHEN. IF NOT NOW, SOON ENOUGH.
And I would suggest thinking about what higher rates have meant for your PF over the last several years in general.
I don’t see where it’s overbought on the Daily !
look at my chart
the TSI is LOW and just turning up
“look at my chart”
Sorry, I prefer to look at mine.
I have FOUR OB conditions in force here.
Could still run a couple more days, so we’ll see.
Not a buyer here. But I will be.
OK…I use the TSI for Confirmation …I understand you have many other paramaters but to me this is an move thats just getting started
Agree its good to go. Two thumbs up. Its a winner Gary.