FINANCIAL ICEBERG
Always consider hidden risks
​
 TECHNICALS
US Treasury Bond TLT ETF: Price Compression? 
​June 01 2016  ( From Tradingview, Bloomberg  )
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The Situation

​

​Since the beginning of the financial crisis, the Federal Reserve 
​has ​been obliged to inject tons of liquidity into the system. 
​Financial ​assets like the US Treasury Bond had a very good 
​performance ​indeed.

​​Looking especially at a Daily chart on the TLT ETF 
​(iShares 20+ Year Treasury Bond ETF), we can observe that
we​ are within a huge price compression that started back since 
​February 11 2016.

​
We tested on May 31 2016 the Support Trendline of that 
​Price Compression technical pattern and rebounded violently.   
(See chart below - Thick Red Line - Ellipse)

​​​​​​But few realize that as the TLT ETF tested that Support from that Compression Zone, 
​the SPY ETF tested on May 31 2016 a Major Resistance Trendline thta started on May 20 2015. 
​And it was done lately within a falling Volume on that ETF. 
​
That tells me to expect higher price volatility on US Financial Assets...

​​​We will have to monitor carefully in the next few trading sessions...








 US Treasury Bond TLT ETF: Price Compression?     $BONDS $TLT  #Trading #bonds  #investing #tlt



​DAILY Chart (Candles)
 TLT ETF (​ iShares 20+ Year Treasury Bond ETF )
​20 DMA ( Yellow Line )
​50 DMA ( Red Line )​
200 DMA ( Green Line )​

Volume ( Bottom Blue Area )​



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