Categories
Bond

iShares Barclays 20year Treasury Bonds (NYSE:TLT) : Near kumo resistance


I close off my PUTS on TLT when the market start diving and TLT start heading up.

However, I am still tempted to look for a short entry.

At this moment, TLT is very near to the kumo resistance. Nothing is stopping it from moving upwards. It can even go up further hit the kumo (where it is deemed trendless) before turning around.

I will keep a close watch on this. After all, TLT and the broader market indices moves in opposite direction (until proven wrong).

Categories
Bond

iShares Barclays 20year Treasury Bonds (NYSE:TLT) : Trend is still down


The trend for TLT is still down.

You can see how the trend back in October last year and except for once in December did the price goes above the Kijun sen (trendline).

Apart from that, the Kijun sen has held the price down pretty much.

TLT has break the $100 mark on its way down, break $90..and is now challenging its support at around $87.

Will this hold and form a base or will it break further?

Note:

I have added to my short positions.

Categories
Bond

iShares Barclays 20year Treasury Bonds (NYSE:TLT) : Bond auction today

Watching my TLT chart today.

30 year bonds auction today. So far, the price is not moving. Everyone is waiting for and ready to react to the auction results.