Market Technical View is a blog that mostly concerns the technical analysis of different financial instruments like indices, commodities, stocks, ETFs and currencies.

All the posts are structured in 3 main chapters that can be found in Content, in the upper right-hand corner of the blog.

Market perspective. The technical approach consists of chart patterns and important support/resistance zones. The purpose of this section is to give directions of the price on short and medium term (a few days up to a few months).

Trading setups. The analysis posted here will provide trading scenarios based on different technical tools.

Romanian Market. This is a section dedicated to Romanian stocks and indices.

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Tuesday, November 15, 2011

TLT and IEF sideways

  The triangle that we see now on multiple charts coresponds to sideways action in bonds lately.Both TLT and IEF show the same caracteristics.To get a breakout on stocks we need to get a breakdown in bonds.Will the bonds solve the pattern for stocks, or the stocks will solve the pattern for bonds ?
  If history truly repeats itself then we should get a large move in the coming days/weeks....

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