Looking like a nice short setup on ZB and TLT.
Whether it will break upside or down is anybody's guess but playing the range has been a very profitable exercise so far. As the global trend on bond yield suggests, a break on upside is more likely then down but we have to be vigilant if Fed surprises with hike. In that case also, it will be another buying opportunity than selling we believe. US has long way to...
Potential descending triangle with volume confirmation.
value seems to be transferring from bonds to gold. a long gold, short bonds position produces an attractive equity curve. The charts shows dollar value for a combined position of 3 futures: 2 long GC (gold) 1 short ZB (treasuries 30yr)
be aware that both spy, treasuries (and relationship between them) is reaching critical levels in the days ahead. feel free to form your own beliefs on what happens next (at the trend lines) but DO know they are there. note: using 1/tyx in place of TLT or ZB solves the annoying discontinuity of the latter two
While I no longer scalp much due to the time commitment scalping generally takes (particularly in instruments most effectively traded during the NY session), I used to scalp a great deal when I was in spot forex. The simplest scalping technique I have come across and used exclusively was the "fingertrap method." Although I am not sure who is the originator of...
OK. We get all the downside (see my past reports). Now its time to buy. We are going to the yellow line (159), then take a rest, and then to the upper band of the channel (aprox 162).
The idea is the same that I publish for weeks. I like it short to 155 (at least) but a daily close above the upper yellow line (163) will take us to 164 and that is my stop to this view. If it goes to 164 then we are out...
this one is getting tired... we are going to 154... if you are not short yet, wait to ZB to broke below 162'20 to go short. To understand why go to my TYX graph analysis...
Three weeks ago T-Bond saw this level. Likely to penetrate. Next level is a revisit to 140 not seen since Nov 2014. Note the high level excess supply signals in late Dec.