Bond

Leading off the BEGOS acronym is the Bond, representative of the cost of money. The Bond as analyzed is the U.S 30-Year Treasury Bond futures market as traded on Chicago Board of Trade and Globex.

Market Value

When the Bond crosses the valuation line, we expect the price to continue in the same direction. But when the price gets too far away from the valuation line we expect the trend may be ending.

Lower panel description: It is the deviation of bond price from value

1. Bond’s daily closing price from a year to date.

2. Bond’s smooth valuation line.

Market Trend

These are the Bond’s daily bars for the last three months to-date. The blue dots denote trend consistency. When the blue dots break above -80% line, higher prices are anticipated. When the blue dots break below +80% line, lower price is anticipated.

Market Profile

The Bond’s Profile shows the amount of contract volume traded at every price point for the last two weeks. The longest lines are indicative of price support and resistance. The colored lines represent the most recent trading day with the white bar as the closing price.

Market Magnet

The Bond’s Magnet is the volume-weighted consensus price of the Bonds’ Market profile. Similar to Bond’s Market value analysis, when the Bond crosses the Magnet, we expect price to continue in the same direction. But when the price gets too far away from the Magnet, we expect the trend may be ending. Lower panel description: It is the deviation of Bond price from the Magnet. When the deviation becomes relatively extreme, again the trend may be near its end.

Market Range

The Bond’s Market Range is the expected distance that it will cover the ensuing trading day. This “Expected Daily Trading Range” (EDTR) it gives a rational, acceptable estimate as to how far the market may move. For example, in the side graph the EDTR shown is xxxxx

Market Rhythm

The Bond’s bet Market Rhythm recently to-date is displayed in the Market Rhythm chart. As show in the chart, it is the Bond’s 12 hour MACD. When this rhythm has been positive the Bond’s price is shown in Green and when it has been negative the price is shown in Red.