{"id":199433,"date":"2023-11-28T07:56:07","date_gmt":"2023-11-28T12:56:07","guid":{"rendered":"https:\/\/ibkrcampus.com\/?p=199433"},"modified":"2024-01-24T13:54:06","modified_gmt":"2024-01-24T18:54:06","slug":"chart-advisor-discovering-actionable-charts","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/chart-advisor-discovering-actionable-charts\/","title":{"rendered":"Chart Advisor: Discovering Actionable Charts"},"content":{"rendered":"\n

By Adam Koos, CFP, CMT, CEPA<\/a><\/p>\n\n\n\n

1\/ This Time is Different<\/strong><\/p>\n\n\n\n

2\/ Ever Since Covid…<\/strong><\/p>\n\n\n\n

3\/ Bond and Rates<\/strong><\/p>\n\n\n\n

4\/ A Divergent Weekly Chart<\/strong><\/p>\n\n\n\n

5\/ A 26wROC Ranking System<\/strong><\/p>\n\n\n\n

Investopedia is partnering with CMT Association on this newsletter.  The contents of this newsletter are for informational and educational purposes only, however, and do not constitute investing advice. The guest authors, which may sell research to investors, and may trade or hold positions in securities mentioned herein do not represent the views of CMT Association or Investopedia. Please consult a financial advisor for investment recommendations and services.<\/em><\/p>\n\n\n\n

1\/ This Time is Different<\/strong><\/h2>\n\n\n\n

There aren\u2019t too many times when one can observe the markets and truly, authentically state that \u201cthis time is different,\u201d but\u2026 this time is certainly different when it comes to the interest rate and bond markets. <\/p>\n\n\n\n

For years, I\u2019ve been talking to our clients about how, \u201cOne day, rates are going to stop trending down, and when they do, not only is it going to be painful for borrowers, but more importantly, it\u2019s going to be painful for late-career working professionals and retirees who have been taught all their lives that \u201cbonds are safe.\u201d<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The chart above is the 30-year Treasury Yield \u2013 so think, \u201cgovernment bonds with a 30-year maturity.\u201d  My 4th grader can look at this chart and see that, over the course of four decades, rates trended down with brief mean reversions back to the trendline\u2026<\/p>\n\n\n\n

\u2026but things are different now, and we all know that rates have been driven higher by the Fed and inflation.  The problem is, of course, that rates have been going up for more than two years now, but most investors haven\u2019t been paying attention.  Instead, their 60\/40 portfolios have been decimated, not only because stocks have gone down, but moreso due to the vaporization of money in the bond market.<\/p>\n\n\n\n

When a \u201cbalanced\u201d portfolio is down -37% in 2022, and the reason is \u201cWell, bonds were down a lot,\u201d is that a satisfactory explanation? <\/p>\n\n\n\n


This is the beauty of technical analysis and charts.  While the news isn\u2019t always actionable, the charts most certainly are!<\/p>\n\n\n\n

2\/ Ever Since Covid…<\/strong><\/h2>\n\n\n\n
\"\"<\/figure>\n\n\n\n

In the chart above, I zoomed in on the same 30-year Treasury yield in the previous chart, but now we\u2019re looking at it since the COVID bottom.<\/p>\n\n\n\n

Notice how there have been brief periods of time over which an investor might\u2019ve thought to themselves, \u201cthis is the top in rates, now bonds will be safe again,\u201d but that simply wasn\u2019t (and still isn\u2019t) the case.<\/p>\n\n\n\n

Even now, as Jerome Powell and the Fed hint at pausing rate hikes, there is still too much economic uncertainty to know for sure whether we\u2019ve seen an intermediate-term high in rates, or if this is just another pause before a new climb higher.<\/p>\n\n\n\n

Look at the chart \u2013 can you tell whether or not this is the big peak in rates?<\/p>\n\n\n\n

3\/ Bond and Rates<\/strong><\/h2>\n\n\n\n
\"\"<\/figure>\n\n\n\n

Why did bonds get beaten up so bad?  It\u2019s simple…<\/p>\n\n\n\n

When rates go down (like they did from the 1980s thru the late 2010s), bonds go up.  However, when rates go UP, bonds go DOWN.  There is no analytical element here \u2013 no secret indicator \u2013 they\u2019re inversely related\u2026 period.<\/p>\n\n\n\n

So, when the Fed started hiking rates, that should\u2019ve been the first \u201cred flag\u201d indicating future potential bond carnage on the horizon. <\/p>\n\n\n\n

In the chart above, you might notice there were times when one could\u2019ve considered shorting bonds to make a profit as they fell, although it\u2019s easier to see in hindsight, and of course, shorting anything<\/em> is only appropriate for investors who can tolerate that kind of activity in their investment portfolios.    <\/p>\n\n\n\n

That being said, there was also a good risk\/reward opportunity this summer to go long bonds (in this case, TLT), but that trade failed\u2026 granted, the total loss (if using the red dashed line as a stop-loss) was extremely mild.  Hence \u201cgood risk\/reward opportunity.\u201d<\/p>\n\n\n\n

Today, however I wouldn\u2019t be trying to catch a falling knife.  While bonds have bounced impressively these past few weeks, I\u2019d rather wait for a pullback, a new higher-low to use as a potential entry point, below which I\u2019d be putting my stop. <\/p>\n\n\n\n

Until then, I\u2019d much rather camp out in the metaphorically heated, comfy lodge provided by short-term treasuries, which are currently paying around 5.3% with MUCH less risk.<\/p>\n\n\n\n

4\/ A Divergent Weekly Chart<\/strong><\/h2>\n\n\n\n
\"\"<\/figure>\n\n\n\n

Out of curiosity, I \u201cscanned out\u201d here, looking at TLT on a weekly chart to see if anything interesting revealed itself and I did notice a small (albeit weak) positive momentum divergence (see the lower pane \u2013 higher lows vs. lower-lows in price, above). <\/p>\n\n\n\n

Divergences can be \u201chints\u201d that suggest a potential future trend change, but when analyzing RSI(14) specifically, I prefer to \u201ctrust\u201d the divergences that bottom above 30 more than those that still remain in a bearish regime.<\/p>\n\n\n\n

Full disclosure:  Weekly charts are much slower than daily charts, so it would also require a lot more time to pass before we could see another high, and then another higher-low in momentum ABOVE the 30 level.  Point being, there\u2019s nothing wrong with analyzing different types of charts, but always know your timeframe and stick to it!<\/p>\n\n\n\n

5\/ A 26wROC Ranking System<\/h2>\n\n\n\n
\"\"<\/figure>\n\n\n\n

Above is a 26-week rate-of-change (26wROC) ranking system (which is a great way to track momentum over the intermediate-term), and in this case, I\u2019ve included a relatively robust inventory of fixed income \/ bond ETFs.<\/p>\n\n\n\n

What you should notice immediately is the top two positions \u2013 both of which are inverse ETFs.  Said another way, the best bond ETFs on this list are essentially investments that bet against the bond market! <\/p>\n\n\n\n

If you let your eyes fall further down the list, you\u2019ll see that international bonds are performing \u201cokay,\u201d as are convertible and high-yield bonds (although, the latter two tend to be more correlated with equities than other fixed income investments). <\/p>\n\n\n\n

The rest is a lot of short and ultra-short term debt, which again lends more evidence to the fact that T-bills are STILL a great place for \u201cbond money\u201d vs. taking additional risk in other areas of the bond market.<\/p>\n\n\n\n

—<\/p>\n\n\n\n

Originally posted 28th November 2023<\/p>\n","protected":false},"excerpt":{"rendered":"

Things are different now, and we all know that rates have been driven higher by the Fed and inflation. The problem is, of course, that rates have been going up for more than two years now, but most investors haven\u2019t been paying attention. Instead, their 60\/40 portfolios have been decimated, not only because stocks have gone down, but moreso due to the vaporization of money in the bond market.<\/p>\n","protected":false},"author":186,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[14,15,18,6,9,23,26,3],"tags":[16321,16320,6917,10455,1321,16323,16325,11801,6916,937,16324,8288,12807,10673,16318,16319,6609,6904,7914,7915,16322],"contributors-categories":[13686],"class_list":{"0":"post-199433","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-etfs","7":"category-fixed-income","8":"category-macro","9":"category-north-america","10":"category-securities","11":"category-technical-analysis","12":"category-text-articles","13":"category-traders-insight","14":"tag-bil","15":"tag-eld","16":"tag-emb","17":"tag-flot","18":"tag-hyg","19":"tag-ibnd","20":"tag-icvt","21":"tag-iei","22":"tag-lqd","23":"tag-mub","24":"tag-pcy","25":"tag-phb","26":"tag-shy","27":"tag-srln","28":"tag-tbf","29":"tag-tbx","30":"tag-tlt","31":"tag-tyx","32":"tag-vcit","33":"tag-vcsh","34":"tag-wip","35":"contributors-categories-investopedia"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"\nChart Advisor: Discovering Actionable Charts<\/title>\n<meta name=\"description\" content=\"Things are different now, and we all know that rates have been driven higher by the Fed and inflation. The problem is, of course, that rates have been...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/199433\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chart Advisor: Discovering Actionable Charts | IBKR Campus US\" \/>\n<meta property=\"og:description\" content=\"Things are different now, and we all know that rates have been driven higher by the Fed and inflation. The problem is, of course, that rates have been going up for more than two years now, but most investors haven\u2019t been paying attention. Instead, their 60\/40 portfolios have been decimated, not only because stocks have gone down, but moreso due to the vaporization of money in the bond market.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/chart-advisor-discovering-actionable-charts\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus US\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-28T12:56:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-24T18:54:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ibkrcampusdev.wpengine.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/11\/1-29-1100x529.png\" \/>\n<meta name=\"author\" content=\"Contributor Author\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Contributor Author\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t \"@context\": \"https:\\\/\\\/schema.org\",\n\t \"@graph\": [\n\t {\n\t \"@type\": \"NewsArticle\",\n\t \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/chart-advisor-discovering-actionable-charts\\\/#article\",\n\t \"isPartOf\": {\n\t \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/chart-advisor-discovering-actionable-charts\\\/\"\n\t },\n\t \"author\": {\n\t \"name\": \"Contributor Author\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/e823e46b42ca381080387e794318a485\"\n\t },\n\t \"headline\": \"Chart Advisor: Discovering Actionable Charts\",\n\t \"datePublished\": \"2023-11-28T12:56:07+00:00\",\n\t \"dateModified\": \"2024-01-24T18:54:06+00:00\",\n\t \"mainEntityOfPage\": {\n\t \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/chart-advisor-discovering-actionable-charts\\\/\"\n\t },\n\t \"wordCount\": 1062,\n\t \"commentCount\": 0,\n\t \"publisher\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t },\n\t \"image\": {\n\t \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/chart-advisor-discovering-actionable-charts\\\/#primaryimage\"\n\t },\n\t \"thumbnailUrl\": \"https:\\\/\\\/www.ibkrcampusdev.wpengine.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/11\\\/1-29-1100x529.png\",\n\t \"keywords\": [\n\t \"BIL\",\n\t \"ELD\",\n\t \"EMB\",\n\t \"FLOT\",\n\t \"HYG\",\n\t \"IBND\",\n\t \"ICVT\",\n\t \"IEI\",\n\t \"LQD\",\n\t \"MUB\",\n\t \"PCY\",\n\t \"PHB\",\n\t \"SHY\",\n\t \"SRLN\",\n\t \"TBF\",\n\t \"TBX\",\n\t \"TLT\",\n\t \"TYX\",\n\t \"VCIT\",\n\t \"VCSH\",\n\t \"WIP\"\n\t ],\n\t \"articleSection\": [\n\t \"ETFs\",\n\t \"Fixed Income\",\n\t \"Macro\",\n\t \"North America\",\n\t \"Securities\",\n\t \"Technical Analysis\",\n\t \"Text Articles\",\n\t \"Traders' Insight\"\n\t ],\n\t \"inLanguage\": \"en-US\",\n\t \"potentialAction\": [\n\t {\n\t \"@type\": \"CommentAction\",\n\t \"name\": \"Comment\",\n\t \"target\": [\n\t \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/chart-advisor-discovering-actionable-charts\\\/#respond\"\n\t ]\n\t }\n\t ]\n\t },\n\t {\n\t \"@type\": \"WebPage\",\n\t \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/chart-advisor-discovering-actionable-charts\\\/\",\n\t \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/chart-advisor-discovering-actionable-charts\\\/\",\n\t \"name\": \"Chart Advisor: Discovering Actionable Charts | IBKR Campus US\",\n\t \"isPartOf\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\"\n\t },\n\t \"primaryImageOfPage\": {\n\t \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/chart-advisor-discovering-actionable-charts\\\/#primaryimage\"\n\t },\n\t \"image\": {\n\t \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/chart-advisor-discovering-actionable-charts\\\/#primaryimage\"\n\t },\n\t \"thumbnailUrl\": \"https:\\\/\\\/www.ibkrcampusdev.wpengine.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/11\\\/1-29-1100x529.png\",\n\t \"datePublished\": \"2023-11-28T12:56:07+00:00\",\n\t \"dateModified\": \"2024-01-24T18:54:06+00:00\",\n\t \"description\": \"Things are different now, and we all know that rates have been driven higher by the Fed and inflation. The problem is, of course, that rates have been going up for more than two years now, but most investors haven\u2019t been paying attention. Instead, their 60\\\/40 portfolios have been decimated, not only because stocks have gone down, but moreso due to the vaporization of money in the bond market.\",\n\t \"inLanguage\": \"en-US\",\n\t \"potentialAction\": [\n\t {\n\t \"@type\": \"ReadAction\",\n\t \"target\": [\n\t \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/chart-advisor-discovering-actionable-charts\\\/\"\n\t ]\n\t }\n\t ]\n\t },\n\t {\n\t \"@type\": \"ImageObject\",\n\t \"inLanguage\": \"en-US\",\n\t \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/chart-advisor-discovering-actionable-charts\\\/#primaryimage\",\n\t \"url\": \"https:\\\/\\\/www.ibkrcampusdev.wpengine.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/11\\\/1-29-1100x529.png\",\n\t \"contentUrl\": \"https:\\\/\\\/www.ibkrcampusdev.wpengine.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/11\\\/1-29-1100x529.png\"\n\t },\n\t {\n\t \"@type\": \"WebSite\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\",\n\t \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t \"name\": \"IBKR Campus US\",\n\t \"description\": \"Financial Education from Interactive Brokers\",\n\t \"publisher\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t },\n\t \"potentialAction\": [\n\t {\n\t \"@type\": \"SearchAction\",\n\t \"target\": {\n\t \"@type\": \"EntryPoint\",\n\t \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/?s={search_term_string}\"\n\t },\n\t \"query-input\": {\n\t \"@type\": \"PropertyValueSpecification\",\n\t \"valueRequired\": true,\n\t \"valueName\": \"search_term_string\"\n\t }\n\t }\n\t ],\n\t \"inLanguage\": \"en-US\"\n\t },\n\t {\n\t \"@type\": \"Organization\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\",\n\t \"name\": \"Interactive Brokers\",\n\t \"alternateName\": \"IBKR\",\n\t \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t \"logo\": {\n\t \"@type\": \"ImageObject\",\n\t \"inLanguage\": \"en-US\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\",\n\t \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t \"width\": 669,\n\t \"height\": 669,\n\t \"caption\": \"Interactive Brokers\"\n\t },\n\t \"image\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\"\n\t },\n\t \"publishingPrinciples\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/about-ibkr-campus\\\/\",\n\t \"ethicsPolicy\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/cyber-security-notice\\\/\"\n\t },\n\t {\n\t \"@type\": \"Person\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/e823e46b42ca381080387e794318a485\",\n\t \"name\": \"Contributor Author\",\n\t \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/author\\\/contributor-author\\\/\"\n\t }\n\t ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Chart Advisor: Discovering Actionable Charts","description":"Things are different now, and we all know that rates have been driven higher by the Fed and inflation. The problem is, of course, that rates have been...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/199433\/","og_locale":"en_US","og_type":"article","og_title":"Chart Advisor: Discovering Actionable Charts | IBKR Campus US","og_description":"Things are different now, and we all know that rates have been driven higher by the Fed and inflation. The problem is, of course, that rates have been going up for more than two years now, but most investors haven\u2019t been paying attention. Instead, their 60\/40 portfolios have been decimated, not only because stocks have gone down, but moreso due to the vaporization of money in the bond market.","og_url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/chart-advisor-discovering-actionable-charts\/","og_site_name":"IBKR Campus US","article_published_time":"2023-11-28T12:56:07+00:00","article_modified_time":"2024-01-24T18:54:06+00:00","og_image":[{"url":"https:\/\/www.ibkrcampusdev.wpengine.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/11\/1-29-1100x529.png","type":"","width":"","height":""}],"author":"Contributor Author","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Contributor Author","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/chart-advisor-discovering-actionable-charts\/#article","isPartOf":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/chart-advisor-discovering-actionable-charts\/"},"author":{"name":"Contributor Author","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/e823e46b42ca381080387e794318a485"},"headline":"Chart Advisor: Discovering Actionable Charts","datePublished":"2023-11-28T12:56:07+00:00","dateModified":"2024-01-24T18:54:06+00:00","mainEntityOfPage":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/chart-advisor-discovering-actionable-charts\/"},"wordCount":1062,"commentCount":0,"publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"image":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/chart-advisor-discovering-actionable-charts\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ibkrcampusdev.wpengine.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/11\/1-29-1100x529.png","keywords":["BIL","ELD","EMB","FLOT","HYG","IBND","ICVT","IEI","LQD","MUB","PCY","PHB","SHY","SRLN","TBF","TBX","TLT","TYX","VCIT","VCSH","WIP"],"articleSection":["ETFs","Fixed Income","Macro","North America","Securities","Technical Analysis","Text Articles","Traders' Insight"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/chart-advisor-discovering-actionable-charts\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/chart-advisor-discovering-actionable-charts\/","url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/chart-advisor-discovering-actionable-charts\/","name":"Chart Advisor: Discovering Actionable Charts | IBKR Campus US","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/chart-advisor-discovering-actionable-charts\/#primaryimage"},"image":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/chart-advisor-discovering-actionable-charts\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ibkrcampusdev.wpengine.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/11\/1-29-1100x529.png","datePublished":"2023-11-28T12:56:07+00:00","dateModified":"2024-01-24T18:54:06+00:00","description":"Things are different now, and we all know that rates have been driven higher by the Fed and inflation. The problem is, of course, that rates have been going up for more than two years now, but most investors haven\u2019t been paying attention. Instead, their 60\/40 portfolios have been decimated, not only because stocks have gone down, but moreso due to the vaporization of money in the bond market.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/chart-advisor-discovering-actionable-charts\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/chart-advisor-discovering-actionable-charts\/#primaryimage","url":"https:\/\/www.ibkrcampusdev.wpengine.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/11\/1-29-1100x529.png","contentUrl":"https:\/\/www.ibkrcampusdev.wpengine.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/11\/1-29-1100x529.png"},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.com\/campus\/#website","url":"https:\/\/ibkrcampus.com\/campus\/","name":"IBKR Campus US","description":"Financial Education from Interactive Brokers","publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.com\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ibkrcampus.com\/campus\/#organization","name":"Interactive Brokers","alternateName":"IBKR","url":"https:\/\/ibkrcampus.com\/campus\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","width":669,"height":669,"caption":"Interactive Brokers"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/"},"publishingPrinciples":"https:\/\/www.interactivebrokers.com\/campus\/about-ibkr-campus\/","ethicsPolicy":"https:\/\/www.interactivebrokers.com\/campus\/cyber-security-notice\/"},{"@type":"Person","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/e823e46b42ca381080387e794318a485","name":"Contributor Author","url":"https:\/\/www.interactivebrokers.com\/campus\/author\/contributor-author\/"}]}},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/199433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/users\/186"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/comments?post=199433"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/199433\/revisions"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media?parent=199433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/categories?post=199433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/tags?post=199433"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/contributors-categories?post=199433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}