January 2023 projection
Aktualisiert
On July 6th 2022, the 2s / 10s yield curve inverted, and it has widened its gap since then. An inversion of the 2-year, 10-year part of the curve is viewed by many as a reliable signal that a recession is likely to follow in one to two years. On May 27th 2022, US02Y piRSI levels were oversold the same as they are now on December 15th 2022. From May 27th - June 14th 2022, US02Y piRSI spiked and so too did the rate from 2.48% - 3.37%. Yesterday, FOMC Jerome Powell publicly stated that the peak rate will be higher for longer in order to minimize risk of a protracted bout with elevated inflation.
The new batch of quarterly projections from Fed policymakers shows the key overnight lending rate rising to 5.1% in 2023 and easing to 4.1% in 2024. The Fed now expects the unemployment rate to rise to 4.6% next year as GDP growth slows to zero. Wednesday 12/14/22, tickerTracker MFI crossed under the 50 level for ETF's SPY, DIA, QQQ & IWM. With all things considered, including Christmastime market seasonality and the above mentioned fundamental and technical analysis. The probability for January 2023 is for US20Y to spike up and US equity markets to go down as the new fear will be a downgraded MegaCap earnings season with recession looming on the horizon.
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
tradingview.com/u/growerik/
The new batch of quarterly projections from Fed policymakers shows the key overnight lending rate rising to 5.1% in 2023 and easing to 4.1% in 2024. The Fed now expects the unemployment rate to rise to 4.6% next year as GDP growth slows to zero. Wednesday 12/14/22, tickerTracker MFI crossed under the 50 level for ETF's SPY, DIA, QQQ & IWM. With all things considered, including Christmastime market seasonality and the above mentioned fundamental and technical analysis. The probability for January 2023 is for US20Y to spike up and US equity markets to go down as the new fear will be a downgraded MegaCap earnings season with recession looming on the horizon.
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
tradingview.com/u/growerik/
Anmerkung
US02Y drop today:
Trading indicators:
tradingview.com/u/Options360/
tradingview.com/u/Options360/
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