HBAN: An Example Of 10 Year Falling Yield Vs Banks In Trouble

Most of what I am showing you is detailed on the above chart.
Here are the letters and what "TRADE-MAP" means to me (first the letters in TRADE):
1. T : Time and space (Fractals); 2. R : Repeating Cycles; 3. A : Advancing Trend; 4. D : Declining Trend; 5. E : Energy in Phase Forces.
Now the letters in MAP:
6. M : Momentum and Velocity; 7. A : Analysis of Structure; 8. P : Price Performance. There you have it: Don's personal "TRADE-MAP.
Here are "Don's Top Ten Technicals": 1. The Ichimoku Cloud is SINKING, with lower prices now than structure to the left. 2. Prices are falling BELOW the cloud. 3. Prices are consistently falling BELOW the thick red Ichimoku Cloud Conversion line. 4. The thick red conversion line is moving mostly LOWER. 5. The thick black line is the Ki-Jun-Sen baseline of the Ichimoku Cloud and this is HEADING DOWN. 6. The indicator on the top of the page is RSI / Stochastic , and this is overbought. 7. The top-side middle indicator is vortex and this is oscillating back and forth in the downtrend.. 8. The Top (bar-type) indicator measures the "phase energy", and this has been weak and strong (depending on 10 year yield). 9. The red fractal arrows (not pictured) are DOWN.
10. Look to the far lower right on the chart, around -12%. You will notice a yellowish line on the top (jaws), with black dots below (teeth), and a blue line (jaw) below the black dots. Now, all three are CLOSED, correct? This is where I ask you to use your imagination and envision these three items as the "jaws, lips, and teeth of a SLEEPING alligator, and the alligator will continue to feed into the DOWN-TREND soon.
HBAN-will most likely follow 10 year yields LOWER.

The above chart is in three parts. Each time the 10 year T-Note yields fell, HBAN-fell. I believe 10 year yields are going lower, and, because HBAN-and yields have a NON-INVERSE RELATIONSHIP, I think HBAN-will fall from its current price of $9.50. HBAN-was $10.60 a month ago, but the bottom does not appear to be established.

I wish you well in all your trades. Don.


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