Category Archives: Bonds

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 »

10- Year Yield at Key Reistance level

The August low on the weekly chart of the 10- Year US Treasury Yield formed at the 50% Fibonacci retracement level of the 2013 low and the 2014 high. Currently, the 62% retracement level is being tested, along with the 20 day moving average. The declining average has acted as resistance for most of this… Read More »

TLT and TBT Daily Charts

The continued decline in treasury yields has taken the ProShares UltraShort 20+ Year Treasury (TBT) fund back down to the lower end of its 2012 and 2013 channel. On the ProShares 20+ Year Treasury (TLT) chart the fund price can be seen tracking above its 50 day moving average this year, and now attempting to… Read More »

TIPS Continues Higher

The weekly chart shows the move in the iShares Barclays TIPS Bond Fund (TIP) since the beginning of the year. The 50 day moving average made a golden cross above the 200 day average in March, and the TIP has penetrated several layers of Fibonacci resistance. The price momentum indicators are tracking higher and money… Read More »