Category Archives: Bonds

TBT Golden Cross

The ProShares UltraShort 20+ Year Treasury (TBT) fund has continued higher since breaking above the rim line of a cup and handle pattern that formed this year, and now the 50 day moving average crossed above the 200 day average.

TBT Repeats 2013 Bullish Patterns

The ProShares UltraShort 20+ Year Treasury (TBT) fund is testing the rim line of a cup and handle formation that formed on the weekly chart over the last seven months. A successful break projects a pattern price target into the $57.50 to $58.50 area, which is the former bottom end of a consolidation channel that… Read More »

Bond Yield Base?

There is a consensus building that bond yields may be forming a bottom and are headed higher over the intermediate to long term. The weekly chart of the ProShares UltraShort 20+ Year Treasury (TBT) shows the ETF breaking above an 18 month downtrend line, its 40 week (200 day) moving average, and the rim line… Read More »

TIPS – Large Triangle Pattern

In a CNBC interview this afternoon, Bill Gross suggested TIPS as an investment idea. The weekly chart of the iShares Barclays TIPS Bond Fund (TIPS) shows the 10 week (50 day) moving average crossing above the 40 week (200 day) moving average earlier in the year, and the fund price rising up through the Fibonacci… Read More »