Bought a position in here yesterday, waiting for a bounce into the gap.
Needs to keep above that top trend line for a big bullish move.
Direxion's TMV, Triple Bear ETF on 20+ Year Interest Rates, last week broke major Daily Pattern Support at 15, with volume and closed Friday at 14.01, down nearly 4 % on the day. To my eyes, it looks to have been a total capitulation breakdown. The contrary idea here is that the long end of the bond market 20 + year is in a parabolic advance, that is crucial for...
Breaking out of triangle which started on July 2016 Also a retest. Note: UK clients can't buy TMV due to new EU rules. :-(
The is just one study that shows the current GDX down trend is approaching an end. The reason I choose TMV is simply because it is leveraged, a closer comparable to that miners are leveraged position of gold price. I understand there are reasons people don't like using the leverage ETFs, but this is only for short term. Since the beginning of this year, TLT and...
20yr Treasury Bear 3x Leverage etf, short long bonds . Something Epic brewing