Market Makers and algorithms are consistent with their trading patterns. This can be illustrated in the following charts. An angle of 25.94 degrees provides clarity to their plans for this year with an October 2024 peak that is expected to follow the basic pattern of 2007. Extremely large block trades indicate Market Makers are also accumulating interest rate derivatives. This includes products such as TLT in preparation for a steady decline of interest rates going into 2025.
Charts courtesy of StockCharts.com.
