TLT trade ideas
TLT: POSSIBLE SET-UPTLT is a good SAFE HAVEN bond ETF, now PRICED at a Discount.
PLEASE DECIDE for yourself if TLT works with your INVESTMENT STRATEGY
Death Cross in BondsBonds have drifted lower since the start of August. There could now be signs of acceleration.
One important feature on the IShares 20+ Year Bond ETF is the declining 50-day simple moving, now on the verge on the crossing under the 200-day SMA. A “Death Cross.”
Next is the downward channel in place since early September. TLT failed at the top line yesterday and is just coming off it today.
Third is the double-top around $172 between late April and early August. This followed a blow-off spike in early March that’s never been regained. Viewed together, this kind of price action suggests a potentially major long-term top.
Bonds have benefited from this year’s coronavirus pandemic. But how long will that support remain? Monday's ISM manufacturing report and today’s non-farm payrolls showed the economy is improving. The election might not be resolved yet, but fiscal stimulus grows more likely the closer we get to January. Those trends would argue in favor of higher yields and lower prices.
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TLT Trade Update, Wave Y Rebound Updates on existing long position on Bonds. TLT contracting triangle pattern is setting up for a terminal move into wave (C) targeting the 170-175 range. Wave count invalidation at 151.90
Bullish Gartley Pattern X5Possible stop below 156.7
Possible T2 180.9 to 197.6
Not a recommendation
"The rearview mirror is always clearer than the windshield" (o:
TLT H8: THE BEST investment into US Election Day (SL/TP)(NEW)Why get subbed to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
TLT H8: THE BEST investment into US Election Day (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: TLT D1 market overview/outlook
::: revised/updated outlook
::: accumulation in progress right now
::: expecting more short term losses
::: going into US Election Day
::: HOWEVER buying LOW is THE BEST
::: INVESTMENT into US Election Day
::: 150/155 best reload zone BULLS
::: BULLS should get ready to BUY LOW
::: from range lows / premium level
::: we are setting up for 15%+ PUMP
::: it's a slow process into US election
::: currently stay out / wait for better price
::: then get ready to SHIFT to BULL MODE
::: SWING trade setup do not expect
::: BUY/HOLD setup for patient traders
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/downside
::: Sentiment outlook mid-term: BULLS/15% GAINS
TLT Wave (B) Rebound TLT contracting triangle pattern is setting up for a terminal move into wave (C) targeting the 170-175 range. Triangle born in Aug 20’ still in progress and set to rebound before support is found and wave (B) rebound begins.
TLT 1/15/21 target $152.79TLT ishares 20+ year treasury bond is on a slow steady decline going into 2021. My price target for 1/15/21 is $152.79. Good luck and happy trading friends...
TLT - Are negative rates coming next? TLT chart is one of a kind. After reaching the 100% price target in the midst of the COVID crisis back in early March 2020, the bond bulls seemed to have found a major support @ the $158-$159 price level. The major trendline coming from December 08 has had several rejections before its final breakout in mid of July 2020. My next price target is @$198. Also, it is very important to point out the weekly divergence in the RSI which suggests the bulls are back in the game. Given the current economic/political scenario - negative interest rates might be looking closer than ever...
TLT Key zone to watch.With yield starting to rise and the treasuries selling off I will be watching the 150 zone. If that level is breached
the entire market dynamic may change. Typically when money leaves the treasuries it move back into stocks.
The question will be which stocks. The first area to watch will be financial sector.
Wychoff re accumulation pattern potentially forming. Potentially a falling bullish wedge forming on TLT. The pattern also appears to be playing out a Wychoff re accumulation pattern which makes sense given that there is the largest short position ever on the bond market. All of the banks have been buying bonds and QE is by nature bullish for bonds as the fed are buying up supply. Lots of these shorts will be in at around 160-165 and so a huge short squeeze could be about to happen.
TLT Channel Surfing? Wishful Thinking...Still holding onto hope the appetite for bonds is insatiable
Thinking I've taken the heat for now...danger danger
Maybe it finds support here in this makeshift channel
Already long calls
Looking for a little life above 158 to add to position for a run back to up channel
TLT - October 18, 2020Economic data shows that banks are buying up bonds when demand falls short. There is record amounts of short interest in 30 year bonds. The FED won't raise the federal funds rate. Bonds will go higher in the short squeeze of the century.
TLT LONG AND STRONG I think rates are going lower, the U.S. could even possibly try negative rates. In all honesty, it seems more probable than rates going higher (in the short term at least). Simply due to the fact that consumer lending is depreciating at a very rapid rate (especially now when UE benefits have been decreased along with stimulus "talks" resulting in no stimulus ). In a debt based economy consumer lending is what is most important for our financial and monetary system to stay afloat. With no lending.. It makes sense that "they" would drop rates, to encourage lending growth, and increase the value of the bonds all "they" bought. The craziest thing to me is how big the BS of the fed has got in such a short amount of time (added 220 years of debt in 10 months so far... WOW). Not to mention, there is also a historical amount of short interest on the bond market in 2020, especially on TLT. In terms of where we are in the "markets as a whole" .. the only thing that isn't in a bubble is the world reserve currency . I can completely agree that bonds are overbought, but no where near as overbought as the NASDAQ for example. I believe we have at least one more leg in the bond market.. mainly due to the fact that QE removes liquidity, & a historical short float on bonds; as a result, I genuinely do expect a "penny stock" like short squeeze in the very near future in the bond market.
As the bond king would say,
We are about to go "suborbital"
GL!
TLTLooking for something like this to unfold heading into elections USA. The orange line is 10 yr Tbonds yields. So they inverse each other. When yields rise so do stocks and exactly the opposite when yields fall.
Thinking a nice long set up on TLT options will be presented very soon maybe end Oct.
TLT D1: THE BEST investment into US Election Day (SL/TP(NEW)Why get subbed to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
TLT D1: THE BEST investment into US Election Day (SL/TP(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because short-term I expect
more losses before reversal (BULLS) at 150/155.
🔸 Summary and potential trade setup
::: TLT D1 market overview/outlook
::: revised/updated outlook
::: accumulation in progress right now
::: expecting more short term losses
::: going into US Election Day
::: HOWEVER buying LOW is THE BEST
::: INVESTMENT into US Election Day
::: 150/155 best reload zone BULLS
::: BULLS should get ready to BUY LOW
::: from range lows / premium level
::: we are setting up for 15%+ PUMP
::: it's a slow process into US election
::: currently stay out / wait for better price
::: then get ready to SHIFT to BULL MODE
::: SWING trade setup do not expect
::: BUY/HOLD setup for patient traders
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: BEARS/downside
::: Sentiment outlook mid-term: BULLS/15% GAINS
TLT long, In Demand ZoneAt bottom of sideways;
Entry 160 -- In Demand Zone
Stop 157
Target 170; reward:risk=3:1
Target 179; reward:risk=6:1
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
