ZB1! trade ideas
Bullish Bonds: Technicals vs. NoiseContrarian bet against the onslaught of bond bears.
RH Technicals vs. WallStreet
- Clean, MACD Bullish Divergence
- Descending Triangle, Completed E-wave signals new trend.
- 61.8% Fibonacci Retracement hit; Also referred to as the Golden Retracement . It is, after all, based on the Golden Ratio.
- And potentially a False Breakdown, likely to mirror the False Breakout of the B wave in the E wave.
Implications for the S&P go without saying.
Best,
RH
Bond Update #bondsThis breakout trade out of the December range (rectangle)to the downside to the lows set back in March has been even better then expected but as we approach those lows it is decision time again. Because I have good trade location I am going to hold the short position even if we get an immediate term bounce. I am watching to see if we can hold below 169'00. If we can the downtrend is still intact. How price reacts here at 167'00 will be interesting to watch though because if rates are really going to rise this time, the down move could be strong if we can make it below 167'00. Despite the FED and the economy not fully being open, bond yields are certainty indicating inflation for now.
Sell Signal: 171'05Taking a on a range breakout play to the downside. Stop above the high of the day. Hopefully we have some acceleration to the downside
It's a great buy T-Note ZB in this chart we suggest the support line and RSI=25 so all of this suggestion mean that it's probably you have to buy market
Good Lock,
PLAY IT SHORT ENTRY PROBABILITY |T-BOND FUTURE - ZB1! - 30MNThank you for your shares and likes! Much appreciated!
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We have identified the channels which have helped to see trade other markets
correlated to the ZB1! US 30 Years Future (Like GOLD for example).
See how the market is bouncing around those lines.
THE BLACK LINE
We have identified probable line illustrating the "what the price should be", The Bottom Black Line.
If the Bottom Black Line break, the probability to get profits in the short direction will be amazing.
For the recent past history, this Bottom Black Line has seen pullback up. Staying in a constant uptrend overall.
THE RED LINE
We have identified a Top Red Line which is probably the best place to enter short from.
But will the market find enough power to reach the $175 mark?
Probability exists since we have seen a super squeeze of seller recently.
Now small candle sticks a re running in the upward direction, one after the other like if nothing happened before. Nice 40 to 45 degree angle.
No coincidence, the market has closed at the top on the channel.
A critical point from which anything can happen.
The market could probably break up and test highs or go down staying in the blue channels traced.
WHAT TO DO?
It is more likely that you make good decision only when the market approaches those Red or Black line.
In between, anything can happen for the moment.
So 171.1, 172.23 and 175 will possibly be the most important prices.
So, probably, only wait and observe for the moment. This is also trading.
ZB1! / TLT : US Treasury Bond Futures : HTF Bias (Option 2)US Treasury Bonds (ZB1! or TLT) are nearing some very sensitive + bullish zones on the weekly chart.
Here's another way this can play out in next few weeks!
Alternative way this could play out :
ZB1! / TLT : US Treasury Bond Futures : HTF Bias (Option 1)US Treasury Bonds (ZB1! or TLT) are nearing some very sensitive + bullish zones on the weekly chart.
Here's one way this can play out in next few weeks!
ZB short Term Target Objective (Continuation)Just showing the progress of my previous analysis. The news did not affect price significantly.
TIME ZONE MDT
7:00am USD
HPI m/m
1.7% 0.8% 1.5%
USD
S&P/CS Composite-20 HPI y/y
6.6% 5.3% 5.3%
7:59am USD
Richmond Manufacturing Index
15 20 29
8:00am USD
CB Consumer Confidence (MEDIUM)
96.1 97.7 101.4
ZB short Term Target Objective The price of the Bonds is giving Lower Highs and Lower Lows. That is simply a downtrend, and the price I aim for a previous swing lows that have been formed in the past from the uptrend. News can possibly drive price down, or might do a stop hunt to 173'20.
View on 30yr T bond (23/11)underlying bullishness
resistance above current price.
once price break through resistance, i would see it goes up higher.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activity
ZB, long bondall my ideas can possibly be right, wait for it to all unravel again and blow up in your face. but for now, why don't we buy a ton of 30 year ZB's. I know this is crazy but I am only following the charts. and remember - it can be the opposite tomorrow. but right now I believe in a trend formation.
ZB, long bondthere should be some business in here somewhere. gots to have deep pockets for this one. but man - play like john lee hooker - I believe, I believe....haha!
