Follow the smart money. Nice inverted head and shoulder! What will it mean for stocks you think? Disclaimer: The above is not an investment advice. It is merely an opinion and I share it for your entertainment only. Do your own due diligence and above all, trade safely and stay safe!
3M Eurodollar futures haven't bought into the recent sell off in bonds...yet.
Bearish signal for the ZB (T-bond future). breaking of the VWAP with a large volume. the market may reach the last bottom to constitute a trading range.
The 30 year bond has carved out a pretty defined range since March. Trade the range until it breaks!?
The dollar has been hit very hard lately with all this money printing from the Fed but some argument support the theory that it will soar one last time before the true descent. The stock market (SPY) is climbing its wall of worries. It will break new highs if not done already by the time you read this. But then when it corrects, bonds are going to soar and...
there are some chances that the ZN will go up after a consolidation in an ascending triangle form. we need some buying volumes and the ZN will break the triangle. BUT if you look at the ZB, it has broken down as I have mentioned in a previous analysis. so personally I will wait some times before entering the ZN, I will just intratrade it .
The VWAP has been broken with a strong candle, so an ascending behavior is to be expected, the market could look for the precedent tops of the trading range. But it has in front of it the historical trend line which works well (look at the ellipses), so maybe the support will be the resistance. wait for Chicago to open the market + volumes + confirmation of RSI.
The chart on the right represents 30 year treasury bonds. The chart on the left is TLT, an ETF that expresses a trade in treasury bonds. The way to profit most is probably via call options on TLT. I am looking at the 172 strike in August. The other way is to be long futures. I am long ZB1! futures contract. The negative is the minimum size is $181,000. So for...
Depending on alot of sign it seems like ZB1! will be increased soon.