TLT Wyckoff accumulation

Mar 15

TLT appears to be in an accumulation pattern. Bond Yields look distributive, so that correlates.

Mar 28

Trade active

Possible test/LPS phase here.

Apr 6

Note

TLT looking good here. American market seems likely going into a corrective phase for months or years to come. Remember that bonds can also take a hit during economic uncertainty. But overall structure looks really strong. Entry test/LPS phase was top notch.

May 30

Note

We will have to give it some more time. Maybe it makes a lower low to set a real spring phase?

Aug 19

Note

So the blue scenario is what we got. If you want a clean entrance I suggest waiting for a reclaim of the yearly open horizontal red line. But other than that this looks pretty nice here. Especially with US20Y breaking down, as you can tell if you follow my updates on that chart.