TBT is a buy rate cuts likely are stalled LONGTBT is an inverse 20 year Treasury Bill ETF. At present, the Iran Israeli conflict threatens a
regional conflict to include the Red Sea and the Easter Mediterranean where oil tankers must
navigate to move oil from producer to consumer. Oil price escalation could go hand and hand
with geopolitical escalations. Oil and its derivatives are a primary driver of inflation in the
US. Inflation has been sticky and forcing the fed's ambitions to cut rate to be paused. The
Middle East escalation may make matters worse overall. Federal spending ( aid to Israel for
instance) is also a driver of inflation. The budget fight in DC is front and center. I see this
as good cause, to continue to take adds to my TBT position whenever I can find a dip worth
the discount as a further hedge against a correction in the equities markets which could come
on the horizon. Granted a dip of 2-3% from the ATHs is not much but when it hits 10% or more
and the VIX/UXXY continue to rise, there will be impetus in a hurry to hedge positions or close
them with more urgency. For for TBT, I believe that more is better.
TMV
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.
TBT Inverse Treasuries ( Long Dates ) LONGTBT is shown here on a weekly chart. It transitioned froma downtrend into the present trend
up two years ago with the initiation of the rate hikes to cut down inflation by hitting its knees.
Inflation was the direct result of the money printing and stimulus as part of the federal
response to the complications of covid and lockdowns. Price is now ascending in a broadening
channel ( a megaphone pattern) reflecting increasing volatility as federal action or inaction
gets priced into buying decisions at treasury auctions. As for me, i will continue to build
a TBT position until it is obvious that the fed has launched an active agenda of rate cuts
which will fortify T-bill prices and make TLT the new runner.
TLT Treasuries Long breaks down under VWAP SHORTTLT on a 120 minute chart has continued its trend down since early December after a suddent
uptrend in November lasting for a two month until the end of 2023.
Inflation data is kicking the rate cut down the road of time.
Price has now fallen under the VWAP and all of the EMA lines including the EMA20.
Relative strength trending correlates with price . I conclude, TLT continues to be set up
SHORT or alternatively TBT LONG . I will take short trades at weekly highs on a 30-60
minute chart until signs of a reversal are seen on the chart.
TLT- Are rate cuts postponed? LONGTLT has been in a broadening wedge and formed a falling wedge within the larger pattern.
Price bounced off the lower supoort trendline in the mid-morning of trading then rising
to break out of the falling wedge. I see this as an opportunity to take a long trade in TLT
and close out a TBT position at the same time. This reversal may be due to the value of
existing bonds with the implications of a rate cut postponed beyond June. The faster RSI line
has recovered to cross the 50 level lending further support to this long trade.
TMF long trade setup 3X Bullish TreasuriesTMF on the 4H chart is set up at the bottom descending support trendline of a symmetrical
triangle in the approach to the apex. Price appears ready to reach for the upper descending
resistance trend line and the Echo Indicator ( Lux Algo ) makes that forecast. Current
ambiguities in a rate cut soon upcoming will make values of Treasuries a complicated matter.
I am taking a long trade targeting 54 with a stop loss at 50 in consideration of the triangle
pattern. I have existing positions in TLT.
FAZ / FAS a demonstration of ratio-tradingHere on a daily chart the ratio of the Bearish Leveraged Financial ETF to its Bullish counterpart
is showing to be in a descending parallel channel. The chart is marked with comments about
trading considerations of these ratios at a given time. At present, the FAZ is undervalued
and should be bought. On the other hand, Bullish FAS, should be either sold if positions are
held.
TBT- an ETF bearish on bondsTBT on the one hour chart demonstrates a clear round bottom reversal in late June
with a good trend up this past week. Price rose above the POC line of the volume profile
on July 3th showing bullish momentum dominating. Price has continued to ascend above
the Chris Moody sling shot indicator affirming that momentum. Given the current fed posture
hawkish for another rate increase fixed rate bonds will suffer yet again. Other indicators
show rising upward volatility and relative volume which further support the strength of the
trend. Time is ripe for a swing trade in TBT.
TLT Long at VWAP Bounce T- Bills 20 yearsTLT on the 15 minute chart in the past two trading sessions consolidated and then fell into
a pullback to the support of the anchored mean VWAP. Relative volatility spiked and has
now contracted. I see this as a good entry to add to my TLT position having sold a good portion
of it three trading days ago when price showed topping wicks outside the fibonacci highest
band. This will be about $ 1.00 cheaper than before that sale and is part of a zig-zag
strategy for TLT overall.
TMV Triple Inverse Treasury Bill ETF LONGTMV on the 4H chart appears to be reversing a trend down since 12/28. YTD it is rising.
The reasonable target is the Fib 0.5 retracement at $40 while support for a stop loss
just below the POC line of the volume profile is $29.25. As such this is a 35% upside.
The RSI indicator shows the fast RSI rising and crossing over the slower RSI while the
relative volume indicator shows increasing volumes reacting to the price bottoming and
accumulation underway. I see this as a long trade set up while recognizing that fundamentals
such as interest rate adjustments and inflation data could impact the technicals.
TBT- a bearish treasury ETF LONGTBT on the 30 minute time frame shows a trend up in an ascending parallel
channel now at the bottom of the channel where it could go up or breakdown
and go under the channel. The ZL MACD suggests some bullish divergence while
the dual TF RS indicator and the ADX oscillator are non-commital.
The immediate recent short term volume profile with a POC line above price
suggests a lot of trading above price and likely short sellers. A longer time
interval volume profile shows the POC line more than $1.00 below current price.
Price could easily gravitate in the direction of that price magnet.
Overall, I see a bias for a bearish move and will watch this to confirm. i will play
this with put options to leverge the amplitude of the move albeit at higher
risk.
TMV setting up a reversal LONGOn this 4H chart- TMV the leverage bear Treasuries ETF has been trending up
in a parallel channel. AT present it bounced from the top of the channel and is
heading down to the bottom of the channel. It is there that I will trade long
where the bottom of the channel is confluent with the mean VWAP providing
an overlap of dynamic support. Near that same level is the POC line of the
volume profile. Price needs to stay above the POC line for the probabilities to
tell me to trade long. Roughly I am looking for a trade from 145 to about 160 for
a 10% move more or less. The stop loss under the channel trend line for about 1.5
and so the ratio is about 6. Once in the area of the bottom of the channel. I will
look to the indicators and zoom into 15-30 minutes as a time frame to find the
entry. I will entertain taking a trade in a fair number of shares and potentially
buy a put option for insurance against the downside to hedge against losses.
I expect the trade to last a week or less and so averaging about 2% gain daily.
TMV leverage inverse ETF for treasuries SHORTTMV on the one-hour chart tested two standard deviations above the mean VWAP in
both late May and early July it fell to one standard deviation below VWAP but then rose
sharply into beyond the two standard deviations line ( thick red ) ascending into a YTD high.
I believe that this is due to the recent federal debt creditworthiness downgrade.
The threatened rise of BRICS reserve currency and potentially adversely affects the
value of the dollar ( DXY) while supporting gold prices. I see this as a good continuation play
no matter the overextension of price. Both the dual MTF and the zero lag MACD however
suggest a pullback. The mass flow indicator does as well. As a result I will look at TMF
to go long trusting the indicators to give me a directional bias.
TMF ( 3X Treasuries)beatdown completed reversal underway LONGOn the one-hour chart, TMF a triple ETF of long-expiration treasuries has finally
completed its downtrend or ten days given more bearish momentum with the federal
debt downgrade of creditworthiness as well as the rise of BRICS as a reserve currency.
Three indicators show bullish divergence with a MACD cross under the histogram. The
30 minute RS line rising before the 2 hr RS line reacts and importantly a mass index
signal rising into the reversal line and then a drop. While none of this is a Holy Grail,
I am confident that the bias here is bullish. I will trade long if you are interested in
the stop loss and targets let me know. If you would lke my idea of an options setup, let
me know as well. If this idea is helpful, please like and subscribe. Trade well !
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.
TMV Treasuries Leveraged 3X Short Inverse LongTMV is an ETF Shorting the Treasuries. On the 2H chart, price is rising as the treasuries are
suffering value contraction while interest rates are steady or projected to rise. The chart shows
rising volumes, upwards volatility as well as a PV Trend demonstrating trend strength. I see
these all as confirmatory for bullish momentum. I will take a long trade into the next round
of federal news. The employment data showing strength in new jobs and low unemployment
will likely lead to another rate hike as the fed continues to try to beat down inflation and
will not relent in face of those data pieces. CPI and PPI may add fuel to the fire this week
and TMV may continue to rise.
TMV TEAMVIEWER has the potential for a 50% upsideTMV Teamviewer had its good momentum in 2020 and thereafter fell of from the traders radars. In the meantime the company has proved that it should not be mixed up as another "Zoom" company as it targets institutional accounts through its AR platform.
The recovery should be underway and a 23 eur PT could be realistic.
Watch to stop if the stock drops below 11 eur.