Thread: JTH's Account Talk

Thought I'd point out AGG has not had more than 3 down days in a row going back to May...

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Trader Fred had a buy signal for the AGG yesterday (to buy at yesterday's close). I see that it is down this morning, but yields are down also so the F-fund should be positive today if nothing changes by the close.

Bonds, where are they going?

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15 min chart, 5 days action

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60 minute

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Gap Filled...Attachment 7037

Originally Posted by JTH

Gap Filled...

3 more to go.

Sometimes when I switch between Stockcharts.com and freestockcharts.com, I see different results.

Amazingly enough we are trading right at the top of this trading channel. The default slow stochastics have just turned above 20. On the "Doom & Gloom" side I'd expect a 23.6% retracement to the 103.4656 pink line. However, the bollinger bands don't confirm anything lower than 104.11 The next swing low should give us a clear picture on what is going on here.

This is one of the reasons I'm "mixed" on bonds...
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The Transports have fallen just above the 61.80% retracement from the recent swing low/high We need to hold here... In additon, I realize this doesn't meet the technical specifications for a Head & Shoulders, but it did then the projected drop would take us below the previous swing low...
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My projected levels are still in play...
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AGG appears to be consolidating at these levels, perhaps for a push higher like it did when it consolidated 15-19 October...
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