TLT trade ideas
TLT about to POP?TLT looks ready for liftoff. Deeply oversold, potential for a double bottom at channel support. I am expecting volatility to pick up as well, so I think Bonds could see a nice tailwind if we get any bearish action going in equities.
TLT LongAt Sideway Consolidation bottom
PlanA
Entry 156.5
Stop 152
Target 179
Next Demand Zone is a better entry point
PlanB
Entry 140
Stop 135
Target 170
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
$TLTRunaway market has put TLT in descending channel
currently at a key level
If this is lost. expecting to visit 151 ish
TLT TLT still watching that divergence. Still not time to go long for me yet. One thing I found interesting, check out the commitment of traders to ZB. May look to go long at that support just a bit lower. But ultimately will wait until bullish price action has shown up. But I am stalking. COT is not a timing mechanism.
TLT and GOLD track each other pretty closelyTLT and Gold track closely with each other. TLT lags gold little bit, which means Gold predicts moves in TLT.
INTEREST RATES ARE GOING UP. jk :] LONG TLT !!!!=,)qu'est cet fou
I posted about this a month or so ago. Phenomenal returns. Im expecting more.
TLT goes up when interests rate go down. and TLT goes down when interest rates go up. Interests rates are never going back up.
THIS IS THE DEAL OF THE CENTURY.
Long the market till January with tech stocks and then get ready for a bigger correction than the one in March.
TLT WILL GO ON AN INCREDIBLE BULL RUN
*ADVOCATE OF FREE FINANCIAL KNOWLEDGE - FOLLOW/LIKE
Bonds Remain in a Bearish ChannelEarlier this month, the iShares 20+ Year Treasury Bond ETF had a “ death cross .” It proceeded downward as expected after that signal, only to rebound. This creates the potential for another continuation trade to the downside.
Today’s idea highlights two other features on TLT’s daily chart. First is the descending price channel in place since the beginning of September. This is the same period that the Nasdaq-100 started lagging and sentiment shifted toward cyclical recovery stocks. November's jump in value stocks was a step further in the same direction.
Next, stochastics show TLT being overbought following the recent bounce.
Finally, the most important chart for TLT could very well be oil. Black gold is on pace today for its highest close since its March 9 gap down. Further gains in crude will lift inflation expectations and bond yields, likely putting more pressure on TLT.
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Investors are bullish on US TreasuriesThe tide in the $20 trillion Treasury market appears to be turning in favor of the bulls for now, with expectations growing that the Fed will boost purchases of longer-maturity debt as soon as next month after Mnuchin requested the FED to return the money set aside for lending programs in the US.
This implies we could see a weak US Dollar moving forward. However the pandemic situation could keep investors uneasy for now.
A September 2020 pivot Low stands between the currency's next level of major support zone at 88.2xx.
I'll take this play from a Commodities and Emerging Markets currencies perspective.
Silver is an interesting precious metal that could see this year's pivot high breached to the upside with a $34.xx being a possible target 🎯 for 2021.
The USDSGD is in play to breach a storng level of support that held the price twice in both January 2019 and January 2020. If the monthly candle closes below this area, it's next support 🎯 will be around the 1.30xx - 1.31xx supply area.
TLT Divergence (that is coming through)A few days ago I pointed out the bullish divergence in with relative strength and price in TLT. This time it is working out. No position for me, yet. But it is something I dont usually trade, but I do monitor.
