The Case for Bonds | Bruce Fraser (03.17)
26m
Did bonds kick off a new bull market uptrend in October? This episode of Power Charting combines the economic cycle concepts of Martin Pring with the tape reading technique of Richard Wyckoff. Point and Figure studies indicate the completion of the Distributional downward count for bonds.
Applying Martin's iconic 'Six Stage of Economic Activity' this episode looks at the sequence of events in financial markets and compares them to the idealized business cycle model.
Turning to bonds and interest rates a case is made for the end of rising interest rates and the kick off to a new bull market run for bonds. Using chart reading, trend analysis and PnF studies interest rate and bond price activity are studied.
This episode concludes with a look at the present position of crude oil prices as an important input into commodity price trends.
Connect with Bruce -
Website: https://wyckoffanalytics.com
Blog: https://stockcharts.com/articles/wyckoff/
https://twitter.com/rdwyckoff