Go long TBT as a play on rising rates. It appears that the 10yr has formed a double bottom and is ready to reverse.
The economy is strong and the recovery is going well. The Delta variant is currently peaking so things will only get better going forward.
Technicals look good on the TBT chart and the fundamentals backing the thesis are solid. TBT is a good...
TBT trying to put a bottom in here with good volume support, a recent gap fill and potential selling climax
However indicators not confirming a bottom/turn up yet. Further, chart dynamics predict more down as the larger Wave 2 wants to finishes lower.
US will likely raise rates relatively soon and sometime later this year, with the rest of the world - just...
Without too much noise, interest rates appear to be creeping up. In comparing with other trading instruments I watch, it appears to have the biggest potential for a move. As the rising rates indicate an increase in inflation, I've also had my eyes on a few commodities. Inflation has too long been downplayed but we all know the reality of inflation because we...
I'm soon to be SHORT Bonds and watching for best entry.
While I'm concerned with the small reaction thus far in TBT but believe the Stock Mrkt is at a reflection point this week.
This is a short term view but I am looking for a LONG on TBT/ and or SHORT on USM20 ----->
Thinking bonds might be topping here or in the next day or two. Good risk reward here, especially with cheap options. Unless you object to buying a leveraged instrument on a leveraged instrument. Big time nice if right!
With TLT showing signs of a top and gold on its march to lower lows I see a clear opportunity in TBT. Five impulsive waves up, followed by a 3 wave correction to the 61.8 Fibonacci and is poised to continue upwards... Excellent risk to reward here if you have a stop just below the retrace level...
Feel free to hit me up with any questions!
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