The NASDAQ:TLT is in a short term uptrend and has pulled back to the 50-day moving average, which just about converges with the up-trend-line created over the last few months. Furthermore, there was a gap up on much higher than average volume.
In general, the trend is looking rather weak, so I would not be going for a very large profit target - but from a...
When TLT goes up it means smart money is hedging against a fall in stock market.
I have noticed a bullish divergence in the Daily RSI and a huge spike up in Money Flow indicates bonds are being bought right now.
This is a warning that stocks might dip hard soon.
If you are long SPY, now might be the time to take profits and look to go...
The Treasury bonds continue to demonstrate a bullish sentiment and on the path to $127-128 target level.
That may not be a good thing for the equity market.
An assumption is: the investors fly to a safety net.
On Friday, the Treasury bonds had a decisive breakout and a convincing move away from the large HVN. The price is heading to $127 target. After that we may see some pullback and potentially a breakout from the mature balance.
The investors are looking for safe investments. Usually, if the bonds are moving up the equities do the opposite.
the expansion in volatility within the bond space has blown through all expectations of the monthly expected range statistically it is mind boggling. this has seeped into the equity space, but when it calms back down (similar to after december move) expect a violent short covering rally in equities