TLT
Why I'm bullish 10 year treasuries bondsThis chart displays some convincing reasons to be long treasuries in a portfolio. Bonds and stocks could trade higher (together) over the long term... but treasuries are generally a safe haven asset that provide a good hedge against downside. Regardless of the implication, the price action in treasuries screams bullish to me.
DOW 800 Points?? If SPY doesn't hold, we will see new lowsSpy moving down, if we break this support, things won't be looking good. Unless you entered EGO, TLT, and Gold with me before the weekend. If the fed cuts rates, TLT will bounce.
Puts on Roku and FB hit, took profits and now we are in the play for free.
DotcomJack
Always do your own research.
Inflation Expectations vs DXY vs Oil update - Feb 2020Inf Expectations and DXY are saying Oil's bounce is unlikely to last
=> Short Oil ???
XLF Ascending Triangle Level of Resistance $31Purely a speculation on my behalf that XLF will reject again at this $31 level like it has done several times thus far. Alternate plays would be $TLT to the upside. Bitcoin USD showing risk off action that leads me to believe the selloff isn't over and the reversal from the big upside at the open this morning for the QQQ, etc. also leads me to believe that we're not done with the selling. (I'm wrong more often than I'm right on the timing of things so may not happen immediately). But I've been using bitcoin as my compass here lately and it's been an accurate direction indicator for the broader market. Goodluck.
These are my opinions only, and not trading advice.
TLT is challenging Oct'19 high at 146TLT resumed the year-long rally, after a four month long consolidation, extending toward 146, Oct'19 high. Above the latter, TLT should retest the 149 peak in Aug'19. reaching the 150 area. However, momentum indicator is in the overbought territory. The ETF could consolidate under the current resistance before attempting higher.
Happy Trading!
TLT - Potential Long SetupQuick setup that i am watching (but not going to take due to portfolio skew is already net short)
Ticker: TLT
Position:
- March 20th 2020 Expiry
- $137 Strike Call
- Delta = 0.70
- Cost = $4.18/ contract (mid offer)
Profit Target/ Exit:
- Initial target = $144
- Exit = close below the daily 200 SMA
Short $SPY $SPX $SPX500 to FEB 5: 4 Possible TargetsWe saw massive block trades today in Daily Edge Live at the upper red dark pool level. We had these blocks on Friday as well. Bearish.
See attached TV idea below for additional reasons.
Jan 21
📈 $SPY
📊 2,873,655 😱 ⚫️ #DarkPool
💵 332.14
Jan 14
📈 $TLT
📊 6,683,190 😱
💵 138.82
Inflation Expectations are too high vs DXY Inf Expectations are too high vs DXY
Oil is already rolling over catching down to DXY
Inf Expectations should roll over soon unless DXY collapses soon => Long TLT