Entering text into the input field will update the search result below

BONDS: Long term

May 08, 2011 5:54 PM ET
ker.nulov profile picture
ker.nulov's Blog
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Seeking Alpha Analyst Since 2009

FOREX & FUTURES day & swing trader.
Summary: Bonds are continuing the uptrend for 2 or 3 years more. Top on TBOND calculated as 162.

I want to you take a look at these long term patterns.

TBOND long term

First, there are a lot of triangle continuation patterns, they are highlighted in yellow.
Second, there are 2 areas of bond trading, green and purple. Purple on the lowest
side of the channel, green on the highest. As you see market bounces from one side to another in a long term uptrend. In fact, on the last triangle we can see impulses to the upside, higher highs and lower lows which is bullish. The channel has not been broken so far,   this means, market is headed for the upper line once again.
I don't  think it will be enough to just hit it and start a downtrend, I think market
will trade for a year under that line, this is why i have a wide blue circle at that area.

Why would anyone stay in TBOND ? Well, if everything is falling, dollar is rising, and
you get some interest, it is a profitable trade.

The top is estimated as 162, and the market should stay there for at least a year. So you probably will have a lot of time to put your positions before bonds start collapsing.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.