TLT trade ideas
TLT rally faces some tough testsText book V shaped reversal pattern on TLT now faces a duel with a previous support/resistance line with volume and the 200 day EMA shown in green. If the price can get above these levels then it could mark a convincing point in the bond market with a return to a rising value.
Bond Bear is Over - Long TLTNASDAQ:TLT [/symbol
TLT has bottomed.
Big Money accumulated over the past 3 months.
The bear trendline that has held price for the past year has just been breached on massive volume.
Ichimoku Cloud = Buy
For the purposes of this idea, I've selected the 50 or 61.8 Fibonacci retracement level as targets.
However, I believe price will continue to rise in the long term.
Buy Buy Buy.
Target 1 = 50% Fibonacci = $123.50
Target 2 = 61.8% Fibonacci = $131
Fat_Fat
One more low for $TLT before we see a rally -$88 targetUnless 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.
Double Bottom Reversal on 20 Yr Treasury BondAfter almost a year since I published this short idea for TLT.
The first bounce this summer was quickly snuffed out by the uber hawkish Jackson Hole speech from Jerome Powell when he told the world there was more blood to come.
A lot of bulls and bears have been hung out to dry over this year long bear market.
I don't know what every one was smoking this summer thinking Crypto was going to save them from the most difficult bear market since 2008.
A year long bear market that was testing just how much banks learned from the 2008 housing crisis.
Did Jerome Powell actually stave off a global financial crisis.
The 10Yr yield is rolling over after pointing to 2008 levels.
I'm not convinced the worst selling is over, but the next month up to Christmas is a seasonly strong period.
Short term volatility may be in for a post thanksgiving pop like last year, but continues to compress into winter regardless of the bad news.
The S&P should be testing the 200D moving average around the time the next CPI prints in Dec.
While Volatility lets out the last of the bear market volatility. Skew is not. This should concern anyone with financial assets.
Lots of charting ideas coming this Christmas.
* IchanOt believe what I heard today.
* Santa Clause Rally predictions.
* Breaking down what inflation will do next.
* Is reading Gamma a reliable indicator.
In the mean time, have a great Thanksgiving.
If you don't live in Ukraine you have a lot to be thankful for.
Peace and Prosperity are far greater than the Put.
TLT possible swing low Tgt $120.00My dowsing work suggest a trade entry long in TLT with a target up 15% from the low, which = @120. AND coincidentally (or not), that target would also be $15 higher. SO, 15 one way or the other. We'll see and needs to hold the LOD $104.73, which is exactly the 1.272 extension.
Watch for Rx $TLT back to $94.00I do dowsing and other ways of divining the markets. I'm getting that TLT will take a dip from here. It may drop 4% and stall, then reach the $94 target (6.45% from the anticipated high). So, if it breaks my level at a high of $100.42-.49, then I'm wrong. Otherwise, short should be good.
TLT 101.13 Target Achieved, New Pattern EmergingTechnical & Trade View
TLT ishares 20+ Year Treasury Bond ETF
Trade View
101.13 Target Achieved, New Pattern Emerging
Bias: Bullish Above Bearish below 99.00
Technicals
Primary support is 99.00
Primary upside objective 102.85
Next pattern confirmation, acceptance above 101.50
Failure below 99.00 opens a test of 97.90
20 Day VWAP bullish, 5 Day VWAP bullish
Institutional Insights
According to analysts at Goldman Sachs ‘ Based on our valuation-adjusted estimates of preliminary data from the US Treasury ,foreign investors net purchased long-term US securities in September. Foreigninvestors net purchased long-term Treasuries and US equities, and net sold long-term US agency securities and corporate bonds. Private sector investors drove flows across asset classes.Japan was the largest net seller of long-term Treasuries in September, on our valuation-adjusted estimates, as the Ministry of Finance Intervened in foreignexchange markets to support the Yen for the first time in 24 years. Our estimates suggest that this was the largest one-month net sale of long-term Treasuries byJapanese investors since the Treasury’s securities holdings data began in 2012(although March 2022 came close). Belgium was the largest net buyer of long-termTreasuries at the country level. At the regional level, Europe and Latin America netpurchased long-term USTs while Asia was a net seller’
TLT | 20 Year Bond ETF | OverboughtThe fund will invest at least 80% of its assets in the component securities of the underlying index, and it will invest at least 90% of its assets in U.S. Treasury securities that the advisor believes will help the fund track the underlying index. The underlying index measures the performance of public obligations of the U.S. Treasury that have a remaining maturity greater than or equal to twenty years.
Performance of TLT during hike cyclesThe iShares 20 Plus Year Treasury Bond ETF (TLT) tracks the prices of 20+ year duration bonds and generally moves inversely to the 20/30 year Treasury yield.
Because it gains when yields fall, it is one of the few assets that are guaranteed to appreciate during a hardcore recession or crash which warrants emergency rate cuts by the Federal Reserve.
The last two hike cycles allowed for a 25% - 40% appreciation (if timed perfectly).
TLT 99.19 Target Achieved, New Pattern EmergingTechnical & Trade View
TLT Ishares 20+ Year Treasury Bond ETF
Trade View
99.19 Target Achieved, New Pattern Emerging
Bias: Bullish Above Bearish below 97.90
Technicals
Primary support is 97.90
Primary upside objective 101.13
Next pattern confirmation, acceptance above 99.50
Failure below 97.90 opens a test of 96.90
20 Day VWAP bullish, 5 Day VWAP bullish
Today’s New York Cut Option Expiries: 1.1695-00 (414M), 1.1800 (319M)
Institutional Insights
According to analysts at Goldman Sachs ‘ Inflation miss-fueled bond rally likely overdone.Through the week, Fedcommentary has suggested a strong preference to slow down the pace of hiking. The inflation miss—October core CPI rose 0.27% month-over-month,below expectations, with services inflation slowing somewhat more than our economists’ projections—makes the step down at the upcoming FOMC meeting more likely, though Fed speakers appear to have been laying the groundwork fora slower pace irrespective of realized economic data. Markets repriced FOMCOIS beyond this December even more aggressively, both bringing the peak rate back below 5% and pricing additional easing beyond the (lowered) peak. While The details of the CPI report suggest there could be some downside risk to our current projected CPI path, we do not believe this materially changes the risks of hike cycle extension. Outside of unanticipated activity weakness (that is as yet not visible), we see a fundamental inconsistency in this price action. While a deepening of forward curve inversion is indeed appropriate when anticipating a recession, given the underlying strength of the economy, we believe the Fed will need to raise rates above current peak pricing for that to occur; a higher terminal rate, in turn, is more likely if inflation remains uncomfortably high. Either Combination—a higher terminal rate, but current levels of inversion, or the current terminal rate, but less deep inversion—argues for both higher end-2023 forward rates a higher average level of rates over the next two years. In case of the former, the cuts being priced offset the hikes earlier in the year, leaving net Fed pricing for 2023 one of the least aggressive among G10’
#TLT time to buy bonds? 103 targetUS 20 year Treasury Bond ETF has finally managed to break the steep downtrend (DT) channel. I think we can move up to the level of 102-103 where we have an open gap - anchored vwap from 1st August highs as well as the 38.2 fib. Also notice the bullish divergence on the lows
Signs Of Trend Reversal Hey Team,
If it holds, this could be a sign of a reversal; fingers crossed. Also large gap in pricing! A gap is an area discontinuity in a security's chart where its price either rises or falls from the previous day's close, with no trading occurring in between. Gaps are common when news causes market fundamentals to change during hours when markets are typically closed, for instance, an earnings call after-hours.
What Does A Gap Tell You?
Gaps typically occur when a piece of news or an event causes a flood of buyers or sellers into the security.
It results in the price opening being significantly higher or lower than the previous day's closing price.
Depending on the kind of gap, it could indicate either the start of a new trend or a reversal of a previous trend.
KEY TAKEAWAYS
A gap is a discontinuous space in the price chart of an asset or security, often occurring between trading hours. There are four different types of gaps:
Common Gaps
Common gaps generally get filled relatively quickly (usually within a couple of days) when compared to other types of gaps. Common gaps are also known as "area gaps" or "trading gaps" and tend to be accompanied by normal average trading volume.
Breakaway Gaps
A breakaway gap occurs when the price gaps above a support or resistance area, like those established during a trading range. When the price breaks out of a well-established trading range via a gap, that is a breakaway gap. A breakaway gap could also occur out of another type of chart pattern, such as a triangle, wedge, cup and handle rounded bottom or top, or head and shoulders pattern.
Runaway Gaps
A runaway gap, typically seen on charts, occurs when trading activity skips sequential price points, usually driven by intense investor interest. In other words, there was no trading, defined as an exchange of ownership in security, between the price point where the runaway gap began and where it ended.
& Exhaustion Gaps
An exhaustion gap is a technical signal marked by a break lower in prices (usually on a daily chart) that occurs after a rapid rise in a stock's price over several weeks prior. This signal reflects a significant shift from buying to selling activity that usually coincides with falling demand for a stock. The implication of the signal is that an upward trend may be about to end soon.
Gaps are easy to spot, but determining the type of gap is much harder to figure out.
Source: Investopedia.com