TBT / TLT T Bill Inverse TreasuriesOn this daily chart of the ratio of TBT ( Treasury Bills Bearish ) to TLT ( the inverse Bullish)
over time. This serves to accentuate shifts in prices from factors affecting them both but
with opposite effects. Federal actions or even reports of economic data are some
of those factors.
This chart shows that about November 1st, TBT ad topped out and fell. They are inverses
of one another . What makes one go down will make the other go up and viceversa.
By February 1, TBT bottomed out and the ratio reversed. The cycle took 3 months.
On a lower time frame, cycling would be more frequent.
At present, it would appear to be time to sell TLT and / or buy TBT
What applies to the TBT /TLT ratio would also relate to TMV / TMF as a ratio.
Tbill
50DMA and TBILLS indicating when bear market hitsHere's a closer look at a highly reliable cyclical bear market indicator. Over the past two decades, it has consistently proven itself as a trusted signal, often aligning with yield curve inversions. In contrast to employing trendlines and breakouts for precision, this chart relies on moving averages. These moving averages function in a similar manner to channels, as they calculate the mean, much like a channel does in various aspects. When there's a breakdown from this mean, it typically signifies a significant loss of support.
From a fundamental perspective, this shift suggests that the market is heading towards a risk-off sentiment, leading investors towards products such as TLT due to their appealing pricing in comparison to stock valuations. The divergence we're witnessing appears unlike any we've encountered before. To return to the mean, it would require either a prolonged consolidation at higher levels for many months or a sudden and sharp downturn. I have my own theories on how such a downturn might occur, possibly triggered by an event akin to a cyber attack on financial systems, similar to the disruption caused by the COVID pandemic. However, that's a discussion for another day.
In this scenario, our focus should be on reacting to developments rather than attempting to predict them. Currently, the most crucial level to monitor is a potential retest of the 4100 range on the SPX, coupled with how the yield curve reacts when it approaches its initial resistance. If a breakout occurs in these areas, it could signify an increasingly uncertain market environment. For a more detailed analysis, please refer to the chart below, which provides insights into the points I've discussed.
TMF - Long Term Leveraged Treasury ETFOn this 4H Chart TMF has rallied in the past week about 9% as the reports of the impetus of
inflation has diminished. On the zero-lag MACD, the lines are staying above the histogram
which has not converted from negative to positive. The dual time frame RSI showing
low 1 hour TF in blue and daily TF in black has the lower crossing over the higher both
at the lows on July 10th and now both over 50 with the low 1 hour TF still above the higher
daily TF. This confirms bullish momentum. Price is on a VWAP breakout ascending from
the support of the 2nd negative mean anchored VWAP to above the mean anchored VWAP with
a retest as well. Price is now above the POC line of the volume profile demonstrative
the dominance of buying pressure over selling pressure. On the ADX indicator, a positive trend
is rising while down trend is dropping proportionately with the intersection and cross occurring
on July 12. Positive ADX is staying above 20.
Overall I see this as an excellent setup for a long swing trade targeting 8.05 in the area of
the values of the highs of June. A higher target would be about 8.3 where there were some
recent pivots If the fed does an about-face and pauses rate hikes, a significant rally could
ensue.
US T-Bill issuance - measure the liquidity drain on TradingViewIn this video we look at the impending $800b T-bill issuance from the US Treasury to rebuild its cash levels at the TGA – will this lead to higher volatility in financial markets as reserves are taken out of the system?
Will concerns on bank credit kick back up, or will this prove to be a non-event?
We look at the indicators you need can use in TradingView to monitor this situation effectively.
TLT / TBT Ratio - a bonds long and short oscillatorOn the daily chart- I have plotted the TLT (Long Bond Leveraged) ETF vs the TBT (Short
Inverse) as a ratio. The ratio is running on a cycle between high and low. On the chart for
reference is a Hull Moving Average of 20 days. A more frequency cyling could be achieved
with a paid Tradingview subscription and a charting time frame of 2 or 4 hours.
For the trading idea, when the hull moving average is upgoing and the price is above it, the TLT
can be bought while when the moving average of the ratio is decreasing and price is under it,
the TBT can be bought. At a high pivot point, all TLT is liquidated and a TBT trade is taken .
For a low pivot point, TBT positions are closed and TLT long trades are taken. The best trades
are at the pivot points and when a doulble top or bottom are put onto the chart.
How low can bonds go?Months ago, when 10 year bond futures were still 175, this weekly head and shoulders pattern jumped out at me. It looked so big and so bad I almost didn't want to believe it could play out.
Now, as we approach 135, this massive, fully triggered pattern may be the best indication of where bonds are headed: 125.
Sure, they could bounce a few times as they have done on the way down, but ultimately June 2011 lows are the likely stopping point on this decline.
BONUS: As you can see, I didn't count the massive March 2020 wick or include it in the measured move. Better to be prepared for the UB to overshoot the 125 target by a little or a lot before staging any meaningful comeback.
THETA 3 day chart has nothing but upside? i believe so!THETA 3 day chart has dropped tremendously...
Im shocked at the value of this token at this price.
This THETA eco-system is definitely one of the most
impressive. With TFUEL, TBILL, TDROP and with
expansion of broadband internet,
and the NFT marketplace ranking in the top 5.
We will see much higher numbers in the near future.
THETA TOKEN HAS HIDDEN BULLISH DIVERGENCETHETA TOKEN: HIDDEN BULLISH DIVERGENCE
IN THIS WEEKLY CHART. Theta has been super bullish for nearly 600 days, yes we
did see a long consolidation period, but its coming to a decision time on
the weekly chart. looking at the RSI, its about to break resistance and
remain bullish for a large move up. If history would repeat itself, look
at the projected numbers from a bars pattern perspective. Another note
is that THETA LABS is the only crypto that has the patents to expand
broadband internet. They have said to have nearly 100 patents in the
future. just looking at the chart and some fundamentals. not advice, just
charts here. If you look at what Solana has done, these #'s are possible.
look at the comments listed on the chart for more details.