T-Bond Futures Falling T-bond futures have been on a steady decline since the March 2020 highs and have entered oversold territory. We broke below major trendline support going back to January 2000 and are trading at the lowest levels since January of 2014. We have the FED meeting over the next 2 days, and their rate hike decision is expected to be 75bps with an 82% probability, and from there we will get an indication if this market continues to selloff or if we can establish a floor in the market.
ZB1! trade ideas
Bonds 5 min opening breakout strategybonds and CBOT:ZN1! and CME_MINI:NQ1!
most of the times continue the short trend on a break of a 5 min bar in the first half hour after US market opens
however most markets will first wait for an intraday double top (or rally to 50% level) for a short trend continuation...
daily chart clearly bullish on bonds i am always looking for short setups...
Beginning of September is a Shorting HeavenSee my setup list almost all commodities are in short setups: www.tradingview.com
I like to add to short positions on the 5 min opening range breakout (9.30 am eastern time) on Nasdaq and Bonds.
Low Risk high reward when exiting in the afternoon, or simply with a trailing stop above prior two days high.
Target new lows.
ZB achieves a significant Support areaZB formed an obvious reversal pattern (Head and Shoulders) in the last months, taking the pattern's MA 209 As a Neckline. the break of it kept moving the price lower. Breaking the support area you'd probably take the price to lower until achieving the potential target which is equal to the distance between the Head and the Neckline.
30-Year Bond Trendline Back-TestMany are considering the Fed actions as a pivot, but the Fed could look to to continue to tighten policy and maintain a hawkish approach. The 30-year bond futures have been in a steady uptrend going back to 1999, holding strong trendline support, until April when we saw a break below the trendline. This week, we are looking to back-test this breakdown level which now acts as strong resistance after the bounce off the 200-day moving average. As we continue to retest these strong levels, keep an eye out for the Jobs data coming out Friday to give a catalyst to the bond market back above the trendline or back towards the 200-day moving average.
ZB A VERY HIGH PROBABILITY SIGNAL ON THE DAILY CHARTDear Investors, my analysis of ZB price movement has finally shown what might be the signal of the year, this whole 2 months of June and July knew a nice up trend before the following signal.
for more information contact me I'll be happy to help you with your investments.