My Name is Bond...Treasury Bond
Updated
TLT
As we have been continually saying the equities market is on egg shell thin shaky ground right now
Bonds have been through a brutal bear market and look ready to take off
Anticipate a July Fed rate hike as the catalyst that pushes equities off the cliff
This will also be the catalyst that ignites the Bond Rocket
So as we mentioned in previous ideas if you are Long equities you should really be focused on risk management
And if you are looking for a place to reallocate some funds LONG TLT is setting up to be a fantastic trade
FYI- there are few really nice options plays out there if you have the appetite :)
Good trading to all!
As we have been continually saying the equities market is on egg shell thin shaky ground right now
Bonds have been through a brutal bear market and look ready to take off
Anticipate a July Fed rate hike as the catalyst that pushes equities off the cliff
This will also be the catalyst that ignites the Bond Rocket
So as we mentioned in previous ideas if you are Long equities you should really be focused on risk management
And if you are looking for a place to reallocate some funds LONG TLT is setting up to be a fantastic trade
FYI- there are few really nice options plays out there if you have the appetite :)
Good trading to all!
Note
Yields Falling = TLT Rising
Get Ready!
Note
Potential paths. All still heading UP!Note
Slight tweak to the countNote
With a break of last weeks high the green count is now our highest probability path.Note
Well price followed the green path as expected...until it didn't.However, TLT decided to pull back much deeper than expected
With that said the move is still within the rules of our Heartbeat Trading System (we will do a post on how our system works soon)
This is setting up to be one of the best trades out there over the next 12-18 months....get ready!
Note
TLT is really taking its time finding its footing due to yields taking their sweet time topping.With the break of last Thursday's low the 1-2 setup we were tracking was invalidated.
Instead what we got was a move lower which let us know that we are dealing with, at this point, a C wave of a zigzag lower (i.e. the white colored A-B-C for reference).
With our count adjusted we are again looking for a completed 1-2 setup (5 waves UP, 3 waves down) and then a subsequent break of the "1" level for a good indication that we are finally heading highe
Note
And here we go againStill looking for a 1-2 setup to give us an indication the rally has started
A break of todays low would start the count over
Treasuries are showing signs of topping which supports the thesis that a rally in TLT is imminent
Good trading to all! Be patient!
Note
As yields go, so goes TLTYields are pulling back and appear to have topped as predicted
This opens the door for TLT to gain momentum and begin its journey up
Note
Correction: the yellow box should read ''continued UPSIDE movement in TLT'''Note
tradingview.com/news/seeking_alpha:a1d7d2a07094b:0-here-s-why-bill-ackman-is-shorting-30-year-treasuries/Forgot to post this last week but we are not alone in our assessment
Note
TLT is setting up to be the best trade of 2024
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