Bonds might have bottomed - technically speaking

Shares of the U.S. Treasury ETF TLT rallied 2.33% marking a short-term bottom [Click to view in browser](. Dear subscriber, What makes one price more valuable than another? Fundamental analysts will argue that everything comes down to value. But, what is the exact value difference is between a 10-Year yield of 1.754% and 1.755%? Why did the 10-Year yield stop at one number instead of another? Like it or not, technical analysis explains why this might occur. And understanding some basics can help you improve your investment performance in the long-run. Today’s example lays out the technical case why U.S. Treasuries stopped their epic decline. Take a look at the monthly chart of the TLT ETF. Look at the bottom of the large, green candlestick in the orange box. That was the month when treasury prices broke higher and closed above their highs from 2016, no small feat. The low on that candlestick - $133.26. The low made the other day in the TLT - $133.19. Technical analysts use techniques like these to find areas of support and resistance - places where price will struggle to drop below or break above. What’s important to note is these levels aren’t absolute. There is no guarantee that treasuries stop their decline at that spot. Only that the probabilities of such an event rise at that point. The more factors that combine to create these conditions, the higher the probabilities. Notice the thick blue line also lands in that area. That’s the 50-week simple moving average. This line takes the average closing price of the last 50 weeks for the TLT. Traders often use moving averages like the 20, 50, 100, and 200-period moving averages for support, resistance, as well as identifying trends. Why should you care at all about technical analysis? Because it applies to ANY market out there. Like investing in cryptocurrencies? How would you even begin to determine a fundamental value? Technical analysis isn’t some foolproof method that rakes in millions. What it can do is augment your current investments and help you make better, more informed decisions. That said, take a look at some of these stocks and ideas below and see if you can’t apply some basic technical analysis techniques yourself. [AMC Entertainment Popped Higher Again]( Baystreet Staff - Monday, March 15, 2021 AMC Entertainment Popped Higher Again ... [Read More]( 13230 [Microcap Company Enters This $100 Billion Market]( Kevin O’Leary and Peter Thiel Are Invested In This Explosive Market, And This Under The Radar Company Is One To Watch [Learn More]( Sponsored [Has The “BUY SILVER AT ANY PRICE” Moment Arrived…?!?]( The decision requires answering one simple question… [Read More]( 6092 [THE LOWS IN GOLD ARE BEHIND US: Celebrate The Return Of The Bull]( Reload your favorite gold miners with reckless abandon… [Read More]( 4333 [This undiscovered CBD play is on the verge of disrupting the industry]( With recent health canada approval they are poised to explode [Read more here]( Sponsored [Is Just Energy a Hopeless Stock?]( David Jagielski - Monday, March 15, 2021 Is Just Energy a Hopeless Stock? ... [Read More]( 3007 [CloudMD Software & Services Inc.]( Baystreet Staff - Thursday, March 18, 2021 CloudMD Software & Services Inc. 09:29 AM EST - CloudMD Software & Services Inc. : Provided an update on its Enterprise... [Read More]( 1606 [Record Low Housing Inventory and Inflation in Everything: Covid-19 Brings a Record Low in Housing Inventory but Will This Last?]( One of the biggest surprises with Covid-19 is that the housing market has only gotten hotter. But it isn’t because the overall economy is great and people are getting amazing jobs in all sectors. What is happening is a massive trend in overall inflation as easy money is flooding the economy, we have... [Read More]( 1482 [Coinbase IPO: Here’s What All Investors Should Know Right Now]( Baystreet Staff - Monday, March 8, 2021 Coinbase IPO: Here’s What All Investors Should Know Right Now ... [Read More]( 1437 You are subscribed to email updates from [InvestingChannel](. To stop receiving these emails, you may [unsubscribe]( now. InvestingChannel, Inc., P.O. Box 118 New York, NY 10018. [Link](