{"id":21088,"date":"2022-01-19T17:01:00","date_gmt":"2022-01-19T17:01:00","guid":{"rendered":"https:\/\/youtrading.com\/en\/?p=21088"},"modified":"2022-01-19T21:19:28","modified_gmt":"2022-01-19T21:19:28","slug":"as-earnings-season-reports-and-us-yields-rise-us-indices-drop","status":"publish","type":"post","link":"https:\/\/youtrading.com\/en\/as-earnings-season-reports-and-us-yields-rise-us-indices-drop\/","title":{"rendered":"As earnings season reports and US yields rise, US indices drop"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"21088\" class=\"elementor elementor-21088\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8ba2b9a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8ba2b9a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-180d670\" data-id=\"180d670\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0274d12 elementor-widget elementor-widget-text-editor\" data-id=\"0274d12\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><strong>Weekly Indices Analysis<\/strong><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-423503a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"423503a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e8aa8d7\" data-id=\"e8aa8d7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d87dd0e elementor-widget elementor-widget-image\" data-id=\"d87dd0e\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"570\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/01\/CHART-1-1.jpg\" class=\"attachment-large size-large wp-image-21091\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d826f79 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d826f79\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6f749df\" data-id=\"6f749df\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0c54e17 elementor-widget elementor-widget-text-editor\" data-id=\"0c54e17\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>The US 10-year yields Inflation Adjusted (TIPS) are steepening at a rate that some market analysts are saying is a signal for a deeper correction in the US indices. They often cite the <a href=\"https:\/\/bit.ly\/3pZAGfs\" target=\"_blank\" rel=\"noopener\">US Treasury yields<\/a>, the Fed\u2019s Balance sheet and the US debt as reasons why the monetary policy needs to be drastically changed, and if this should happen the market shock would be a 20%-50% correction. <a href=\"http:\/\/bit.ly\/35Gi5Ko\" target=\"_blank\" rel=\"noopener\">JPMorgan<\/a>\u2019s CEO Jamie Dimon came out and said that the Fed would need to do more than 4 rate hikes this year, calling for as many as 7 over the next 11 months. Even Fed FOMC members that were Dovish are calling for an expedited rate hike cycle.<\/p><p>Inflation is running hot and it\u2019s not just in the USA that CPI readings are at multi-decade levels. The UK is now seeing CPI readings last witnessed 30 years ago.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ee99785 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ee99785\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-31ac7d9\" data-id=\"31ac7d9\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-240d8ff elementor-widget elementor-widget-image\" data-id=\"240d8ff\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/bit.ly\/3J0m0Wm\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"518\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/01\/Picture2-13.jpg\" class=\"attachment-large size-large wp-image-21092\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-48eee181 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"48eee181\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2ba44a96\" data-id=\"2ba44a96\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-13a17463 elementor-widget elementor-widget-text-editor\" data-id=\"13a17463\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><a href=\"https:\/\/bit.ly\/3J0m0Wm\" target=\"_blank\" rel=\"noopener\">See real-time quotes<\/a> provided by our partner.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7d142e9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7d142e9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6f13e61\" data-id=\"6f13e61\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7f8490d elementor-widget elementor-widget-text-editor\" data-id=\"7f8490d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>From the end of the 2009 financial crisis to the end of 2021 the <a href=\"https:\/\/bit.ly\/3J0m0Wm\" target=\"_blank\" rel=\"noopener\">Nasdaq<\/a> had travelled from around 1000 to 17,000. It&#8217;s easily the greatest bull run ever but not without some hiccups along the way. In 2018 there was a Taper Tantrum as the Fed in their wisdom reduced the QE purchases and ran off the assets from their balance sheet. Much like they are doing now. Seeing yields rising at the pace we do now, some may say that there is a Taper Tantrum happening this time around too. If we were to get a 25% drop in the US equities, the Nasdaq would fall back to 12,500. If it were to turn into a recession and a 50% drop, the Nasdaq would be back to 8,300. The impulsive move from the March 2020 lows to recent all-time highs was a 139% return on those investors who saw through the pandemic fear and bought the Central Bank and Government stimulus narrative. It was a good 609-day run.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-add6718 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"add6718\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-39ce1be\" data-id=\"39ce1be\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-81208c2 elementor-widget elementor-widget-image\" data-id=\"81208c2\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/bit.ly\/3J0m0Wm\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"521\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/01\/USATEC-1D-3.jpg\" class=\"attachment-large size-large wp-image-21093\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2b3b9dbb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2b3b9dbb\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-57fb1ead\" data-id=\"57fb1ead\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-575c65c2 elementor-widget elementor-widget-text-editor\" data-id=\"575c65c2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><a href=\"https:\/\/bit.ly\/3J0m0Wm\" target=\"_blank\" rel=\"noopener\">See real-time quotes<\/a> provided by our partner.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d3068cd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d3068cd\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-bba0a78\" data-id=\"bba0a78\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f883124 elementor-widget elementor-widget-text-editor\" data-id=\"f883124\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Personally, I don\u2019t think we are going that far back down in price, but I do agree that we\u2019re in a corrective period and most probably this will remain through the earnings season. Overall, the fiscal flows are around $500bln a month so there is plenty of money being pushed into the wider US economy. COVID-19 is still causing problems but not as many as before. <a href=\"https:\/\/bit.ly\/3EXWGOj\" target=\"_blank\" rel=\"noopener\">Energy<\/a> prices are a real problem and when they get above $80 and move towards $100, this to me is unsustainable and we do see them trigger a market correction. So I am hoping that the EIA reports which show an increase in supply and a drop in demand through 2022 come to fruition. With regards to where I see this current corrective phase for the Nasdaq terminating, I would like to see a meaningful bounce off the 15,000 level. The run-up from October 2021 to the end of November 2021 was a 5-wave impulsive wave and for a while, I thought the correction of that set of waves would be over time rather than price. Now it appears that we are doing a deeper correction in price, so a deep retracement level would be 0.786% on the Fibonacci levels and the round number that is 15,000 for confluence.<\/p><p>In the <a href=\"https:\/\/bit.ly\/3oUNeWo\" target=\"_blank\" rel=\"noopener\">S&amp;P500<\/a> today the worse performing sectors are <a href=\"https:\/\/bit.ly\/3oUQeAv\" target=\"_blank\" rel=\"noopener\">Consumer Discretionary<\/a>, Energy, Financials and Industrials. The best performing is <a href=\"https:\/\/bit.ly\/3Ii88Wa\" target=\"_blank\" rel=\"noopener\">Consumer Staples<\/a>, <a href=\"http:\/\/bit.ly\/33xVjDa\" target=\"_blank\" rel=\"noopener\">Utilities<\/a> and Materials. Tesla, Apple Inc., and Amazon are down -2.92%, -1.27% and -1.09% respectively.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-425c301 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"425c301\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2c940f0\" data-id=\"2c940f0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-318e9eb elementor-widget elementor-widget-image\" data-id=\"318e9eb\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"547\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/01\/Picture5-9.jpg\" class=\"attachment-large size-large wp-image-21095\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e6890eb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e6890eb\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3eb7af4\" data-id=\"3eb7af4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fbc8704 elementor-widget elementor-widget-text-editor\" data-id=\"fbc8704\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>In the Nasdaq once again, the drop was initiated by the top leading companies which are, <a href=\"http:\/\/bit.ly\/2Zmw200\" target=\"_blank\" rel=\"noopener\">Apple<\/a>, <a href=\"http:\/\/bit.ly\/2J3MDwb\" target=\"_blank\" rel=\"noopener\">Microsoft<\/a>, <a href=\"http:\/\/bit.ly\/2P2PglH\" target=\"_blank\" rel=\"noopener\">Amazon<\/a>, <a href=\"http:\/\/bit.ly\/2NhH3Yk\" target=\"_blank\" rel=\"noopener\">Facebook<\/a>, <a href=\"http:\/\/bit.ly\/2OccOTY\" target=\"_blank\" rel=\"noopener\">Tesla<\/a> and <a href=\"http:\/\/bit.ly\/2Zk300V\" target=\"_blank\" rel=\"noopener\">Google<\/a>. These companies make up 45% of the index. After the initial balance had been completed this cohort dropped below the first-hour trading low and dragged the other 55% of the index with it.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c2fb653 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c2fb653\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a545a64\" data-id=\"a545a64\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-32da12a elementor-widget elementor-widget-image\" data-id=\"32da12a\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/bit.ly\/3J0m0Wm\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"514\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/01\/usatec-5m.jpg\" class=\"attachment-large size-large wp-image-21096\" alt=\"\" srcset=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/01\/usatec-5m.jpg 1379w, https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/01\/usatec-5m-360x180.jpg 360w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7834d361 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7834d361\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-78e2fd42\" data-id=\"78e2fd42\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-58274ec2 elementor-widget elementor-widget-text-editor\" data-id=\"58274ec2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><a href=\"https:\/\/bit.ly\/3J0m0Wm\" target=\"_blank\" rel=\"noopener\">See real-time quotes<\/a> provided by our partner.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9c07c36 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9c07c36\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-aab3280\" data-id=\"aab3280\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-acbd373 elementor-widget elementor-widget-text-editor\" data-id=\"acbd373\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>The Initial Balance extension to the downside was completed when we got a measured move of the range. But due to the weakness across the indices, the Nasdaq continued to press lower expanding the range. On the ticker symbol NDX which follows the underlying Nasdaq 100 shares but has a modified market-cap weighting, there is a gap of around 14,800 and this is the only recent gap that hasn\u2019t been filled. This would be my line in the sand for the bulls.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Weekly Indices Analysis The US 10-year yields Inflation Adjusted (TIPS) are steepening at a rate that some market analysts are saying is a signal for a deeper correction in the US indices. They often cite the US Treasury yields, the Fed\u2019s Balance sheet and the US debt as reasons why the monetary policy needs to [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":21089,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[6],"tags":[151,63,128,325,27,61,279],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.6 (Yoast SEO v20.11) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>As earnings season reports and US yields rise, US indices drop - Youtrading UK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/youtrading.com\/en\/as-earnings-season-reports-and-us-yields-rise-us-indices-drop\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"As earnings season reports and US yields rise, US indices drop As earnings season reports and US yields rise, US indices drop\" \/>\n<meta property=\"og:description\" content=\"The indices are in a correction and due to the size of the decline from all-time highs I am starting to look for places where the likes of the Nasdaq bounce back from. 14,800 is my red-line in which I remain bullish whilst the price closes above. 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However, I am not about to try and catch a falling knife.","og_url":"https:\/\/youtrading.com\/en\/as-earnings-season-reports-and-us-yields-rise-us-indices-drop\/","og_site_name":"Youtrading UK","article_publisher":"https:\/\/www.facebook.com\/YouTradingEnglish\/","article_published_time":"2022-01-19T17:01:00+00:00","article_modified_time":"2022-01-19T21:19:28+00:00","og_image":[{"width":459,"height":276,"url":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/01\/GettyImages-530393635.jpg","type":"image\/jpeg"}],"author":"Neville Hornsey","twitter_card":"summary_large_image","twitter_title":"As earnings season reports and US yields rise, US indices drop As earnings season reports and US yields rise, US indices drop","twitter_description":"The indices are in a correction and due to the size of the decline from all-time highs I am starting to look for places where the likes of the Nasdaq bounce back from. 14,800 is my red-line in which I remain bullish whilst the price closes above. However, I am not about to try and catch a falling knife.","twitter_misc":{"Written by":"Neville Hornsey","Estimated reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/youtrading.com\/en\/as-earnings-season-reports-and-us-yields-rise-us-indices-drop\/#article","isPartOf":{"@id":"https:\/\/youtrading.com\/en\/as-earnings-season-reports-and-us-yields-rise-us-indices-drop\/"},"author":{"name":"Neville Hornsey","@id":"https:\/\/youtrading.com\/en\/#\/schema\/person\/95b20558021997bd74f4db43fabddf85"},"headline":"As earnings season reports and US yields rise, US indices drop","datePublished":"2022-01-19T17:01:00+00:00","dateModified":"2022-01-19T21:19:28+00:00","mainEntityOfPage":{"@id":"https:\/\/youtrading.com\/en\/as-earnings-season-reports-and-us-yields-rise-us-indices-drop\/"},"wordCount":722,"publisher":{"@id":"https:\/\/youtrading.com\/en\/#organization"},"keywords":["Amazon","Apple","Facebook","Google","NASDAQ","Tesla","USA500"],"articleSection":["Index"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/youtrading.com\/en\/as-earnings-season-reports-and-us-yields-rise-us-indices-drop\/","url":"https:\/\/youtrading.com\/en\/as-earnings-season-reports-and-us-yields-rise-us-indices-drop\/","name":"As earnings season reports and US yields rise, US indices drop - Youtrading UK","isPartOf":{"@id":"https:\/\/youtrading.com\/en\/#website"},"datePublished":"2022-01-19T17:01:00+00:00","dateModified":"2022-01-19T21:19:28+00:00","breadcrumb":{"@id":"https:\/\/youtrading.com\/en\/as-earnings-season-reports-and-us-yields-rise-us-indices-drop\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/youtrading.com\/en\/as-earnings-season-reports-and-us-yields-rise-us-indices-drop\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/youtrading.com\/en\/as-earnings-season-reports-and-us-yields-rise-us-indices-drop\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/youtrading.com\/en\/"},{"@type":"ListItem","position":2,"name":"As earnings season reports and US yields rise, US indices drop"}]},{"@type":"WebSite","@id":"https:\/\/youtrading.com\/en\/#website","url":"https:\/\/youtrading.com\/en\/","name":"Youtrading UK","description":"Leaders in Trader Training","publisher":{"@id":"https:\/\/youtrading.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/youtrading.com\/en\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/youtrading.com\/en\/#organization","name":"YouTrading","url":"https:\/\/youtrading.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg","contentUrl":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg","width":2531,"height":570,"caption":"YouTrading"},"image":{"@id":"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/YouTradingEnglish\/","https:\/\/www.instagram.com\/youtrading_english\/","https:\/\/www.youtube.com\/channel\/UCc22BNolZpSd33lXc8utUvg"]},{"@type":"Person","@id":"https:\/\/youtrading.com\/en\/#\/schema\/person\/95b20558021997bd74f4db43fabddf85","name":"Neville Hornsey","description":"Neville Hornsey holds a BA Honours 2.1 in Professional Media and has been a professional trader since 2007. Neville has worked for several brokerages and prop firms, specialising in the Foreign exchange and Futures markets and blends technical analysis with fundamentals, with a bias towards swing and intraday trade setups.","url":"https:\/\/youtrading.com\/en\/author\/nevillehornsey\/"}]}},"_links":{"self":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts\/21088"}],"collection":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/comments?post=21088"}],"version-history":[{"count":0,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts\/21088\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/media\/21089"}],"wp:attachment":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/media?parent=21088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/categories?post=21088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/tags?post=21088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}