Tbonds
T-Bond Futures Setup on Daily ChartsEntering into long position with Reward to Risk of 1.8 in US 30 years Treasury Bonds, fantastic high quality opportunity. I hope it will work out as expected!
LOOKING TO GO LONG T-BONDS Promising setup developing at TLT (treasury bond ETF) at the daily timeframe.
Looking to go long with momentum or at pullback to the trendline.
First tactical target 200SMA, main target 129-130 area (measured move + 50% level of Jul-Dec 2016 move). Setup invalidated with daily close below 120.
TLT: Short term rally, potential pullback in a downtrendTLT offers a low risk buy if we make a new high tomorrow, with a stop under the recent swing low.
We can aim for a retest of weekly resistance, as signaled on chart. I'd rather buy and exit there to be safe. There's a chance we might be able to flip short at that level, but I'd rather take that trade by buying $USDJPY and $USDSEK for instance, and/or shorting $EURUSD.
Good luck,
Ivan Labrie.
TLT: Go long above Brexit resistanceWe have a nice double bottom in TLT. We can speculate on going long on a break above the Brexit key level resistance at 134.42.
Good luck!
Ivan Labrie.
Gold/Stocks ratio: Long gold, close equity longs/find shortsThis ratio gives very timely signals as to when to more optimally switch between risk on or risk off biases.
It's clear that we can long gold, bonds and yen now, I'd be careful with equities, at least not going long indexes, or looking for shorts in weaker securities would be my favored approach.
I have booked profits on a few profitable long trades, and reentered gold and bond longs.
Waiting for an optimal entry to long Yen again. I did short it after the BOJ news, but I have covered for now since we found support at the previous lows.
Check my other publication for the suggested long entry and stop locations for gold longs.
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers,
Ivan Labrie.
TLT: Long, but big short coming nextThe time at mode trend signal on chart points to a corrective advance of 5 weeks.
There are 4 weeks left in this trend signal, and the target isn't too ambitious, but it's possible that TLT overshoots it and retests the runaway gap level above, which lines up with an impulse's wave 3 of 3 (and a range expansion bar's 50-75% retracement zone).
Ultimately the trend will resume its direction, which is down. At least that's what I think based on the post pattern reaction after forming what looked like a terminal wedge. The move up materialized, but it's not an impulse, instead it's weaving a contracting triangle of some kind, which points to a cooldown before the next big move down happens.
This rally will correlate positively with S&P500, as both find their tops in 4 weeks.
There's a significant paradigm shift coming, where will the investors searching for yields go when nothing is certain?
Just something to meditate about...Meanwhile, let's trade the facts, and react.
Regards,
Ivan.
