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 »