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"A new T in TLT"? Market direction change?

T Theory

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#1 Rogerdodger

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Posted 08 June 2021 - 11:01 AM

TLT keeps bumping against 140. Could a break above foretell a change in the general market?

 

From this much appreciated blog:

T-Theory Thoughts

"there is a very odd combination of events occurring"...

"there appears to be a new T in TLT that requires review. Confirmation would come if price can move above 143"

 

T-Theory-TLT.jpg


Edited by Rogerdodger, 08 June 2021 - 11:08 AM.


#2 fib_1618

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Posted 08 June 2021 - 02:05 PM

With the sole exception of the investment grade bonds, all of the other interest rate sensitive A/D lines have been forecasting flat to lower rates since the beginning of April...all of which closed at new all time cumulative highs just this past weekend.

 

Fib


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#3 fib_1618

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Posted 08 June 2021 - 02:05 PM

Duplicate post.


Edited by fib_1618, 08 June 2021 - 02:08 PM.

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#4 Rogerdodger

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Posted 08 June 2021 - 03:26 PM

P&F shows why it must move up "above 143 to confirm".

TLT.jpg


Edited by Rogerdodger, 08 June 2021 - 03:33 PM.


#5 bunker

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Posted 08 June 2021 - 11:09 PM

Terry's weekly chart, unmarked.
https://schrts.co/PffnBCUN

#6 SemiBizz

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Posted 09 June 2021 - 07:38 AM

Really?  Why isn't TLT at 170?

 

TLT 140 is a joke at these rates.


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#7 bunker

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Posted 09 June 2021 - 02:23 PM

Because the 30 year rate is no longer  1.19%?

 

https://schrts.co/iuuYEzee



#8 PrintFaster

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Posted 10 June 2021 - 05:06 PM

Major 2 million share buy at the close today.

 

tlt.jpg



#9 Rogerdodger

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Posted 11 June 2021 - 10:24 AM

"it must move up "above 143 to confirm"

 

TLT made it to 142.56 Thursday and is pulling back a bit Friday.

 

Friday:

The key U.S. Treasury 10-year note yield is fetching 1.44% and is at a more-than-three-month low. This comes despite the U.S. consumer price index on Thursday showing the biggest surge in inflation in 13 years—up 5.0% in May, year-on-year. Low U.S. Treasury yields are a major argument that inflation is not on course to become problematic. Other indicators do suggest otherwise and thus the debate continues on the matter.

Edited by Rogerdodger, 11 June 2021 - 10:30 AM.


#10 PrintFaster

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Posted 12 June 2021 - 03:56 PM

"Rip Your Face Off" rally has already begun

 

tlt.png







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