The chart on the right represents 30 year treasury bonds. The chart on the left is TLT, an ETF that expresses a trade in treasury bonds. The way to profit most is probably via call options on TLT. I am looking at the 172 strike in August. The other way is to be long futures. I am long ZB1! futures contract. The negative is the minimum size is $181,000. So for...
65% PROBABILITY: THE MARKET WILL KEEP GOING DOWN
I publish this Idea to reinforce my previous analysis on this market, by looking at it from a large perspective. Since a breaking of a trading Range, the ZN (10 year T-note) reaches a new historical high. the breaking of the rectangle has been done by a huge volume (17 M). However, obviously, I expect the market could slow down if volumes aren't helping the...
IF WE LOOK AT VOLUME IS GOOD CHANCE TO BUY AND THE PROVE IS THE VWAP AND THE FRAME 4HOURS
Depending on alot of sign it seems like ZN1! will be increased soon.
Bonds have been ranging in a sideways Elliott Wave for some time now. However they appear to be nearing the completion of this cycle. The rounding highs, suggest a breakout to the downside, compounded with the fact that the Kovach OBV, which has been pretty strong, appears to be rounding off. Wait for a squeeze to 139'13 or 139'16, but if risk on sentiment...
if the price equal 140 '24' 0 you can BUY ZN . and if the price equal 138 ' 28 ' 5 you must to SELL ZN
With the remarkable respect of the trendlines, We can expect with a high probability that the market will go down to test the lower value as stated.