The party is unwinding on low interest rates so get ready for inflation. Who knows when, but it’s in the pipeline — it’s just a matter of time, so lock in these low rates asap.
On the daily chart
The cyan arrow shows a double bottom (yellow Hawkeye pivot dots on the price) which indicates the market is oversold, so a rally here offers a great opportunity to get short.
On the weekly chart
Downtrend on declining volume again showing a small rally will occur here.
Markets don’t go down on low volume, they either go into congestion or it is the start of accumulation for an up-move.
On the monthly chart
This is telling the story, after a rally lasting from 2008 the party is over. Look at the red down arrow. All Hawkeye indicators are short: red monthly selling volume, red trend dot down and solid red Heatmap showing all trends are to the short side.
The Hawkeye Perspective
Brace yourself; low interest rates are over. It will take some months to come to an end. Any rally to the upside is a great opportunity to get short. But protect you and your family; this could be a huge trade so immerse yourself and study Hawkeye Volume — the only non-lagged indicator.