Inter Market Analysis

Inter market analysis is a series of articles studying related segments of the market to identify lead lags between trends in each segment. This can often forewarn you of impending changes in trend and allow for planning of required action based on it. For example midcaps v/s large caps, currencies v/s commodities and US markets v/s European markets and so on. In a global environment inter-market relationships are not restricted to a country but between countries and their respective asset classes as well.


Not much talk about Cryptos recently but after my last post BTC broke the rising channel for wave C. What did not follow is an impulsive decline from there. So maybe some complex form is still developing before it starts the next major leg down. Till then it may stay in a trading range of 9500-11000.

Your new TVC 1

US 10 Year Treasury notes

The US 10 year notes started a move higher and should have some more room to go. But it should be short lived relief. This should be wave 4 up before wave 5 down.

bonds 270218

IT Sector gets a bid

Given My long term obsession with calling a top to the IT sector, the recent rally did take out the previous high in the sector index so I have made changes to the wave count and it allows for wave 5 to complete a new high for the index. This puts two numbers for the upside 38.2% of [1-3] points to 13634 which is almost reached and then 0.618% of the same would project to 18800. The higher target puts us closer to the upper end of the blue channel and keeps wave 3 from becoming the shortest in the structure. This leaves open some upside potential for tech stocks on the table in a generally weak market. 

bseit 200218

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