On this 4H chart- TMV the leverage bear Treasuries ETF has been trending up in a parallel channel. AT present it bounced from the top of the channel and is heading down to the bottom of the channel. It is there that I will trade long where the bottom of the channel is confluent with the mean VWAP providing an overlap of dynamic support. Near that same level is...
TMV on the one-hour chart tested two standard deviations above the mean VWAP in both late May and early July it fell to one standard deviation below VWAP but then rose sharply into beyond the two standard deviations line ( thick red ) ascending into a YTD high. I believe that this is due to the recent federal debt creditworthiness downgrade. The threatened...
On this 4H Chart TMF has rallied in the past week about 9% as the reports of the impetus of inflation has diminished. On the zero-lag MACD, the lines are staying above the histogram which has not converted from negative to positive. The dual time frame RSI showing low 1 hour TF in blue and daily TF in black has the lower crossing over the higher both at...
TBT is going to take another swing now that interest rates are going up. Fundamentally, Treasuries and other bonds will go down on their real face value because their yield is lower than the new going rate. Inverse EFTs like TBT will go up when Treasuries go down. On the w Chart chart, price is sitting above the POC line of the volume profile where there...
TMV is an ETF Shorting the Treasuries. On the 2H chart, price is rising as the treasuries are suffering value contraction while interest rates are steady or projected to rise. The chart shows rising volumes, upwards volatility as well as a PV Trend demonstrating trend strength. I see these all as confirmatory for bullish momentum. I will take a long trade into...
On the daily chart- I have plotted the TLT (Long Bond Leveraged) ETF vs the TBT (Short Inverse) as a ratio. The ratio is running on a cycle between high and low. On the chart for reference is a Hull Moving Average of 20 days. A more frequency cyling could be achieved with a paid Tradingview subscription and a charting time frame of 2 or 4 hours. For...
to 125 -122 area looks likely soon. I expect a fast move down after all this consolidation, from there it's a strong buy. Good luck!
TBT, the Long Rate Fund; Or short TLT fund is showing signs of strength on the MACD and RSI; with divergences. The previous month saw high volume indicating interest around the current price levels. It is sitting at the 200 SMA. Currently much of the market is pricing in rate drops. However, we have have FOMC on May 2nd, and have been hearing roomers of another...
TBT, the short TLT 20 year bond ticker looks neutral in the short term and bullish in the longer term. High volume breakout of descending pattern down, and now a bull flag set up. A high volume spike and a stopping bar down has preceded a move up twice over the the last year. This is speculation over higher rates in the general market and from the fed, which...
Price is approaching a key support level, it could bounce and we could see the momentum carry price up to its take profit target. Entry: 26.73 Why we like it: There is an overlap support Stop Loss: 26.00 Why we like it: There is an intermediate overlap support Take Profit: 32.61 Why we like it: There is an overlap resistance and a 23.6% Fibonacci...
The narrative from earlier this yr that slowing growth would cause the Fed to pivot sooner rather than later is slowly being undone as market participants realize that inflation is sticky and likely to result in rates higher for longer from the Fed. As a play on higher rates I like TBT the ProShares UltraShort 20+ Yr Treasury ETF. It has recently broken its...
From the chart, the uptrend from the market top November 2021 peaked and reversed from a double top. Now on the downtrend , it has hit the Fib 0.5 level of the retracement. I look for a reversal to the upside now as that Fib level is tested and holding. I will play this with some call option contracts with an expiration in 4 weeks.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. The index includes publicly-issued U.S. Treasury securities with minimum term to maturity greater than or equal to twenty years and have $300 million or more of outstanding face value, excluding...
US30Y - 41 yr bull market in bonds comes to an abrupt end. US30Y yields headed much much higher.
NASDAQ:TLT In comparing the ratio of TLT to QQQ, I have found the ratio or relative strength is at its historical low range. I conclude, now may be an excellent time to shift assets into TLT if a trader believes that the bear market rally for equities is loosing momentum or possibly reversing. This is not a recommendation as to a trade and just my...
NASDAQ:TLT On the 4H Chart, TLT is sitting on minor support with major support below that. It is near to the bottom of open Bollinger Bands and is inclined to move through the basis line closer to the upper band. Significant resistance is 5 and 15% upside. I see a swing long trade with the stop loss below the major support and targets before the major...
Just a pretty straight forward head and shoulders forming. Guess market doesn't like low yields after all? Time frame - probably B-wave rally ahead of next FOMC, then dump before FOMC. I'm trying to trade bear call spreads above 114 using TBT (better use of capital at $26 strike on TBT) and will sell bull put spreads at TLT near 120...probably....on TBT that's a...
This is temporary until we see some serious inflation abatement. This pull back is flight from equities driven bonds catch a bid. iF THE REAL economy doesn't improve soon then the bonds only support is flight from worse outcomes. Also the fed balance sheet run off will support yields in the medium term as it constitutes a supply increase. So if inflation...