Wednesday, April 16, 2014

all things bonds

30 minute atr

daily pivots

weekly pivots

upside retracements

downside retracements

regression channels

price support and resistance

The 2 charts below, on different time frames, show the importance of the 1.27% retracement level. Both targeted 135'09 as the high. The actual high? 135'10.

240 minute retracement

30 minute retracement

On the economic calendar:-

07:00 MBA Purchase Applications
08:30 Housing Starts (Consensus 0.965 M v Prior 0.907 M)
09:15 Industrial Production (Consensus 0.4% v Prior 0.6%)
10:00 Atlanta Fed Business Inflation Expectations
10:30 Petroleum Status Report
14:00 Beige Book

POMO:-

10:15 - 11:00 Outright Treasury Coupon Purchases between $0.90 - $1.15 billion

Speaking today:-

08:30 Jeremy Stein
12:15 Janet Yellen
13:25 Richard Fisher