U.S. Treasury Bond ZB is performing a breakout from the pitchfork channel conducting the price since March 2020 .
In case my analysis is correct, the price objective will be 140.28125 USD.
Bonds have taken a breather, but it doesn't seem like the overall trend has changed.
ZB has been in a downtrend, the bottom hasn't been retested.
I don't think the bottom is in, from a overall trend.
If the bottom is in, it hasn't been tested.
The 30-year bond futures market has undergone notable shifts, commencing with a bottoming evident in late October. This trend has been significantly influenced by the unveiling of inflation figures, particularly the Consumer Price Index (CPI) and Producer Price Index (PPI) in November.
Economic Data Driving Bonds:
PPI indicated deflationary pressures, while...
We're looking at the US 30yr bond futures for a potential move higher through the 115 handle. The way bulls have chewed it up this level so far which is promising, market may support a bond rally as dollar keeps moving down
All in the video, decided to do it early because I'll be away until Monday. SPX could continue slightly higher, but I don't think it gets past 4450 as of now. Other markets are at interested support zones.....
Have a nice long weekend!
Buy idea on ZB1 as you see on the chart because we have the breakout with force the support line, the vwap and the resistance line by a big green candle follow by a large green volume.Thanks!
As you see on the chart we have an uptrend because we have the breakout with force the vwap indicator and also the breakout of the resistance line by a big green candle.Thanks!
There is great potential that the 30 year T-bil futures have bottomed. This chart is a micro count version of the final 5th wave of primary wave 1. Depicted as a legal impulse consisting of an expanded flat correction for minor wave 2. Wave 3 is longer than wave 1, so the length rule is satisfied. Minor wave 4 is labeled as a contracting triangle whose internal C...
Will the 2020s look like the 1970s with unstable inflation and soaring prices? Or will we return to the 2010s with low stable inflation rates of around 2%? There is a case to be made both ways.
Those who worry about the possibility of durably higher inflation argue that the quarter century of low, stable inflation rates was a consequence of the end of the Cold...
Shorted in Sept shorting in Oct.
Another 30 year T-bond short most effective day to open over the last 15 yrs is 10/2 missed it but opening today. Will want to hold this open until the 24th of October. Look at the December Contract as the front running contract for this trade. Futures = Calender spread back date the long side to the March contract. Options......
Enjoy this beautiful pattern on CBOT:ZB1! valid for the next weeks.
If Pitchfork broken --> Instant bullish trend wil form --> configuration will change
Otherwise the price will be following the fork's levels.
Don't gamble ;)
The history of the chart doesn’t go back far enough for full context, but the assumption is that a major top in treasury bonds occurred in 2020. Since then, the market has been relentlessly carving out a 5 wave impulsive decline. Since this decline is unfolding in 5 waves, this tells us multiple important things. Firstly, what begins with 5 must also end with 5....
Since nearly every asset is impacted by Risk-Free-Rate and also the equity markets are heavily impacted by Bond markets i checked ZB!!
Did't count the first upmove and i used line chart to get rid of that choppy trash, fore now it looks like we are done with an impulse (maybe out of a flat)
Which matches to my bullisch spx count
