Currently monitoring the 20yr bond yield. On this Chart. I've found a desc. Triangle breakout set up with a bullish wave count. Also notice the yield is at an oversold level for this time frame and below the cloud. I'm looking for the yield to retrace back up above the 5th elliot wave and close above 4.367at minimum before going higher. Disclosure: I have puts on...
The chart posted is Low odds BUT must be looked at as the wave structure and the cycle s turn may 8th is nearing .I Am net long spy msft gld dia I have changed my positions and added this morning near the low in GLD I am also looking to buy BITCOIN I have target 56200 to 55900 but we may not get to it .
We made good money shorting NASDAQ:TLT into the summer down to the initial target I had of $88. Then we flipped long again and I exited my longs earlier this month on Dec 7th. Now, as you can see from the first chart , we've come up against resistance and I think it's time to flip short again to retest the lows. How low we go is TBD, but I think this move...
NASDAQ:TLT remains in a strong bearish trend. After breaking through the 93 zone, the bond price rose. It has not been able to break the first resistance found in the 103.70 zone, and it has another more important resistance in the 110 level. At the moment I am not going to buy long-term american bonds, and I am still invested in monetary asset investment...
I am accumulating TLT, I have accumulated in the areas: 83,84,85,86,87 and I will continue to accumulate as long as the price remains below 92. Over 92, I will stop accumulating. Macro speaking, we have this falling wedge and once the interest rate cuts on the dollar will start, I expect TLT to react positively. First of all, we need uS10years to start a correction.
TLT is currently at the Warning-Line of the white Fork. We can see how price reacts to the Center-Line. A classical retest that played out textbook like. Then the same at the BASE Line of the Action/Reaction Set. If TLT cracks the WL, then the next stop would be the Reaction line. All this is in line with the destroyed Bond Market. And that's the reason why I...
If NASDAQ:TLT manages to break below $100 here, it's next and final target would be $88 before upside. I think if this happens, risk assets will take a nose dive lower (just like they did last year).
If we get above the threshold - real chaos could ensure. Watch this level.
TLT looks bullish Double bottom pattern on daily time frame. Enter the long position on the resistance breakout or once the price retests the resistance and confirms it as a support. Target: 114,36 $
TLT is approaching a technical double top area as the Feb. 1st FOMC meeting looms. Fed futures are currently pricing in a 475-500 bps terminal rate, however some fed speakers over the days have indicated a desire to exceed 500 bps this year. Market thus far hasn't bought that narrative and expects the Fed will be forced to pivot later this year due to...
Unless price can break resistance here, we're just seeing another lower high. This sets up $TLT for one more move lower. I think price is likely to retrace from here and take out the recent lows-- then we should see price bottom in the $88 range. Let's see how it plays out from here.
Just a pretty straight forward head and shoulders forming. Guess market doesn't like low yields after all? Time frame - probably B-wave rally ahead of next FOMC, then dump before FOMC. I'm trying to trade bear call spreads above 114 using TBT (better use of capital at $26 strike on TBT) and will sell bull put spreads at TLT near 120...probably....on TBT that's a...
TLT looks like it's formed a massive weird looking head and shoulders pattern on the weekly timeframe. So far, it's managed to hold support in the $134 range. However, that range has been tested a number of times now that I think the next time it test on larger timeframes, support will break. There's little support between here and the $120s so the next logical...
The long End Of Yield Curve will steepen. Inflation running hot and CB can't hike rates. Nobody will buy 20-30Y. Yields Run, TLT Plummets Double Top with Divergence. Both, fundamentals and Technicals there. This may be the only trade you need to make this year. Everyone will continue to believe inflation is under control until they don't. This is a trade we can...
Wedge for potential lower Fractal given for an idea of what to expect Fractal from 2H20 when reflation trade started
Fib retracement analysis TLT bounced off 0.5 and broke 0.382. Today, it is hitting the 0.382 fib resistance. Expecting it to come back down to 0.236