Im overall bearish looking for dollar index to follow Tbond
OANDA:USB30YUSD With the restart of the economy and lowered interest rates, I expect to see a rise on the treasury bonds as buyers come to swallow up the cheap rates especially during this time although this surprise may be shortened due to the lag it would take to get going and unemployment rates.
Volume declining but still a bulllish formation BB showing a clear knock on the 4HR and inching towards the higher range. If it its the outer of the 2nd bands, expect a quick rise in treasuries like Friday and Monday Follow me for more on treasuries!
I could be wrrong but I dont beleive with the economic uncertainty the markets are facing, we are still in a bullish trend. Fibs levels are matching up nicely to confirm this aswell. Again this is all hypothetical but I am long some CAD 2037, CAD 2041 and CAD 2048 bonds. Some are hedge vs other positions but mostly long bias. Let me know what you think on my...
I could be wrong but if you take Iran out of the equation we had a beautiful double tap forming on the W chart. The signals still stand when you look at it on the D. I think we hit the trend and look for price action. Anyways just an interesting chart I figure I would share!
Could see a hold at 162.000
06-05-2019 waiting for pullback to support to go long when indecision candle appears.
30-04-2019 short t-bond tf 4hr, resistance zone and dropping trendline. waiting for bearish candle.
Regaining MA50, post Nov'18TL & hidden div $ZB_F, $TLT
Here is the close up view mentioned in the previous bigger view. Looks like we are only days away from the sell at the 151.90 zone. Then we can look for a quick retrace back down to the 142.50 zone to buy again