JNK/TLT is my favorite indicator I have found. It tells me when to go long and when to short. And right now short RTY is probably the best short of the century. the green line has been an indicator of shorting rty I am going to start to build a position in RWM and will be planning to hold it for a large correction to becoming in RTY.
I want to say tlt has stopped selling now. but I could be wrong. I took on a full position in tlt on friday and have my stop set at 136. Point and figure chart is lining up with trend line support that dates back to 2013.
bitLord73_
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And you were quite right, made a nice profit today shorting the RUT.
SeanLi10
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New to this forum and I appreciate your comments. How far do you think TLT will dip before the turnaround and what is your timeframe? Also, if you guys are expecting a rise, why is the stockscreener recommending a Sell? Thanks
Patrick_Jarvis
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Just posted a similar chart of when to add positions on TLT. Ratio of the ZN1!/ZB1! indicates a base for TLT once the Ratio hits its resistance marks. We just hit the range today.
crakehair
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I believe TLT Should get to around 200. but TNX has not stopped its rally. TNX is now sitting at its highest weekly RSI since the 2018 repo crisis. I have a feeling this is going to cause a massive problem in the repo market but who is to say when? Its like timing next years weather. you know it will be cold in winter but it might start to get cold in fall.
donie777
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good stuff!
arama-nuggetrouble
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great analysis. if 10Y yields continue to go up like this tlt will have to go down further. lets see.