Recession Alert! Yield Curve Inverts, DXY Pattern Revealed, Natural Gas Bounce Imminent
-Recessions come when the Fed cuts rates and when the yield curve de-inverts – Gareth also gives us a golden nugget on the DXY around major vs. minor trendlines,
-Natural Gas is into major support with the addition of a retrace to the 0.5 Fib level which predicts a technical bounce
#stocks #stockmarket #nasdaq100 #trader #investor #trading #profits
To learn more about Gareth’s services where you get daily premium videos and trade signals, check out the following links:
——————————————————————————————————————————
Services:👇🏼
Day Trade With The Best Traders In The World, LIVE!
Start Swing Trading Stocks For Profit with Verified Investing Alerts
Get Our Hand-Picked Crypto Signals
Learn To Trade Like the Pros – Trading Master Class ”The Winning Trader Series”
——————————————————————————————————————————
Follow Gareth for more exciting content:👇🏼
Twitter
TikTok
Facebook Page
Tradingview
——————————————————————————————————————————
Affiliates:👇🏼
Tradingview Sign Up
Coinbase Sign Up
Invest in Bitcoin, Crypto Assets & Gold with Your IRA Using iTrust Capital.
🔥
You’re being watched RIGHT NOW and the only way to stop it is by using a VPN. Avoid hacks
and protect your privacy before it’s too late! NordVPN offers 65% Off on a 2-year plan +4 extra
months! Try it for 30 days or GET YOUR CASH BACK!
👉 …(read more)
BREAKING: Recession News
LEARN MORE ABOUT: Bank Failures
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
The latest economic indicators have set off alarm bells for investors and economists alike, as the yield curve has inverted and a significant pattern has been revealed in the DXY index, sparking fears of an impending recession. However, amidst this uncertainty, there is hope for a bounce in the natural gas market.
The inversion of the yield curve, which occurs when long-term interest rates fall below short-term rates, has historically been a reliable predictor of recessions. The most closely watched yield curve inversion is the 10-year Treasury yield and the 3-month Treasury yield, which recently inverted for the first time since 2019. This development has raised concerns about the state of the economy and the potential for an economic slowdown in the near future.
Adding to the anxiety is the pattern that has been revealed in the DXY index, which measures the value of the US dollar against a basket of other major currencies. Analysis of the DXY index has revealed a potential head and shoulders pattern, which is typically a bearish signal for the currency. If this pattern plays out, it could further weigh on the global economy, as a strong dollar can dampen export competitiveness and lead to reduced global trade.
Amidst this gloomy economic outlook, there is a potential bright spot in the natural gas market. After hitting multi-year lows earlier this year, natural gas prices have shown signs of life in recent weeks. A combination of increased demand due to extreme weather and reduced production has led to a tightening of supply, which has supported prices.
Additionally, with the global push for cleaner energy sources, natural gas is poised to benefit as a transition fuel, especially in regions with abundant natural gas reserves. As countries move away from coal and other more polluting sources of energy, natural gas is expected to play a key role in the energy transition.
Despite the recession alert triggered by the inverted yield curve and the bearish pattern in the DXY index, there are signs of optimism in the natural gas market. Investors and traders will be closely monitoring these developments, as they seek to navigate the uncertain economic landscape and identify potential opportunities in the midst of these challenges.
Hey Gareth
Love your work, I get up religiously to watch the game plan every week day
Also loved your trading the close, understand it has to make sense to continue, hoping you haven’t axed as it was also great to round out the trading day and plan for the next