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...
I publish this Idea to reinforce my previous analysis on this market, by looking at it from a large perspective.
Since a breaking of a trading Range, the ZN (10 year T-note) reaches a new historical high. the breaking of the rectangle has been done by a huge volume (17 M).
However, obviously, I expect the market could slow down if volumes aren't helping the...
Let’s have a look on ZN.
The ZN is showing an increasing trend. The pitchfork indicator was capable to limit the evolution of ZN.
Right now, if the ZN could break support S0 it will look for reaching the R1 resistance (and could break it too). Otherwise it will bounce on the S0 and decrease to reach S1.
Thank you for reading this...