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mortdiggiddy
Jul 23, 2020 1:49 AM

30Y Bonds to repeat 10YR seasonality move? $TLT $DXY Long

U.S. Treasury Bond FuturesCBOT

Description

On average for the last 10 years, on July 24 30Y bonds and 10Y bonds have a massive move to the upside. The best play would be to buy ZN or ZB futures contracts, or September call options on TLT.

Comment

10Y Bonds seasonality shows a major move that takes place on average very near the July FOMC statement, which occurs next week on July 29.

Comment

Cleaner picture for 2020 (fitted performance)

Comment

The current top today is Month Camarilla R3. I suspect an equal move to June 8-15 to finish it toward late August with a bang.

Comment

Many times the yen tracks 30Y bonds (sometimes as a risk off trade) and shows a big increase against the dollar during this time of year.

DXY is forecasted to drop the remainder of the year as the Euro increases.

Comment

Nice recovery this week, started buying heavy on Monday

Comment

Added to long on this key monday backtest.
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