tbt

TBT…Day Traders

Posted on 05/09/2013

Today’s low will be a near term pivot for the TBT. A hold and it will try higher. A failure at today’s low and you’ll see 60.30. Buy with a tight stop against 61.40

Now that the 30 yr. has broken down, confirming it’s ORL patterns, you should be in “sell the rally mode” until we regain today’s high of 147.08. (that would require significant weakness in the Equity Indices ) Short term, there … Continue reading →

TBT…Pattern Alert!

Posted on 04/23/2013

TBT is attempting an ORH day with a close over 60.15 For the 30 Yr. Futures to show the same pattern a close under 147.15 is needed. These are closing levels.

Food for Thought

Posted on 03/18/2013

JJG…is stuck…This instrument needs a close over 52.60 or under 51 for new direction. VIX…is coming into resistance. TBT…66.60 is trad able support CAT…today’s low is good for now, however this needs back over 90 to see more upside. AAPL…we’ve … Continue reading →

30 Yr. Futures…TBT

Posted on 01/23/2013

In the futures, I am still looking for the 30 to get to 147.05 ish for a shorting opportunity. Mind, that if we get there, this will be a very limited look. Failure to reject the level will result in … Continue reading →

Posted on 01/15/2013

From a purely technical look, those wishing to be short the Bonds via Long the TBT double short ETF, can buy this for a short term trade against 63.65. This has to maintain above this level, moreover you would not wish … Continue reading →

Price Action

Posted on 01/14/2013

Oil…closing below 92.65 puts the entire board in a defensive mode. Equity Indices…you’re seeing no help from the financials after reaching their upside tgt’s. The rest of the day will be a time frame trade. We’ve seen this type of … Continue reading →

A.M. Look 1/7/13

Posted on 01/07/2013

30 yr. Bonds…. 145.31-146.09 being the rejection zone the first time up. TBT…65.08 is the 200 day. 64.68 is where the trailing stops are with 64.57 the first fib zone. This looks attractive around 64.60-70 for a bounce. NASD 100…2682 … Continue reading →

TBT…Position Update

Posted on 01/04/2013

We were stopped out on a low tick. We have no current position in the Bonds. Not to worry, there will be plenty of things to occupy us next week.

A.M. Look 1/4/13