Long bonds USA TLT. Long for longer. I never really traded this before. But from the chart perspective and all talk about lowering rates. This one sure seems interesting on the weekly chart.
Volume and RSI divergence, plus OBV balances higher up.
Even oversold on monthly RSI.
Last two weeks candels has also been bullish.
Maybe?
Key stats
About ISHARES IV PLC USD TRSRY BD 20+YR UCITS ETF USD DIST
Home page
Inception date
Jan 20, 2015
Structure
Irish VCIC
Replication method
Physical
Dividend treatment
Distributes
Primary advisor
BlackRock Asset Management Ireland Ltd.
ISIN
IE00BSKRJZ44
The investment objective of the Fund is to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the ICE U.S. Treasury 20+ Years Bond Index.
Classification
What's in the fund
Exposure type
Government
Stock breakdown by region
Top 10 holdings
The Big Bond Bear30+ Year USTs forming a clear inverted cup and handle. With stocks pushing upwards this is destined to fall. First target 455.
I'm actually bullish USTs because there is still the election on the way, it's a nice hedge as part of my portfolio but I won't fight the price action here.
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.