In this post I look at bonds on a weekly, daily, and 60 minute chart to try and determine if bonds are likely to head higher or lower over the coming weeks to months. My conclusion is that the way to trade these markets are to remain long TLT until it’s more clear that this trend is over and to remain short TBT until we can break through the down-sloping trendline that has rejected any rally attempt in this chart since 09′.

We could be in the midst of a trend change in these charts, but it’s too early to tell and I see no real edge if one wants to open new positions in bonds at this time.

Related Posts:

Sector in Focus: Bonds

Technical Look at the U.S. Dollar

Oil, Bonds, and the Dollar in Charts