May 26, 2021: Bond Yields Moving Up Again, Pressure Builds Up On Equities
Original post:
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https://twitter.com/RobertPBalan1/status/1397474155956670465?s=20 1/X .
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1/X Well, expectations of further declines did not pan out -- but Yield is moving up again -- so we should see pressure build up on the equities later today, once the rise in yields has taken off for good.
2/X Nonetheless, we might have to get out of the shorts at breakeven, or better, and reset, once we understand what is going on. Or we can go long too if that's the equity markets are going to do.
3/X What makes sense from the high-frequency, real-time schemata and bifurcation configuration, is that we either (1) will see a full, double top, test of the 4212 high, then sharply lower or (2) ES will go on breach the 4212 top, and go much higher.
4/X I'de like to have a shot at a possibility of breach of 4012 top, and quick ratchet higher; if we get right levels. If you are feeling whiplashy, please don't - we warned it will be choppy for a while; our philosophy is skating to where the puck will be, and not where it is/was.
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