Treasury Bonds are Due for a Bounce

The decline in T-bonds over the past three months has been epic. [Jeff Clark's Market Minute]( Treasury Bonds are Due for a Bounce By Jeff Clark, editor, Market Minute The decline in T-bonds over the past three months has been epic. The iShares 20+ Year Treasury Bond ETF (TLT) is down 15% since mid-July. That’s an incredible amount of wealth destruction for an asset class that is considered a safe haven. And as the Fed holds interest rates higher over the long term, Treasury bonds are headed even lower. Currently, treasury bonds are trying to find a bottom. But, in the short term, they’re due for a bounce. Recommended Link [Trade this ONE stock and potentially double your money (Ticker revealed)]( [image]( Master Trader Jeff Clark helped his readers dodge huge losses during the crashes of 2008, 2020, and 2022. Last year, he helped them double their money 13 TIMES. But after watching his OWN 23-year-old son lose -60% in risky crypto & tech stocks… Jeff has a new WARNING. Jeff says: “Sell Your Stocks BEFORE The Stock Shock!” [Click Here to See Jeff’s New Warning.]( P.S. – Jeff refuses to watch his own son lose any more money in risky investments. So, he is rolling the camera to help him win back all his losses – and then some – [with just ONE ticker.]( -- Look at this chart of TLT… [(Click here to expand image)]( At the low in early October, TLT was trading far below its 50-day moving average line (blue line). All of the momentum indicators at the bottom of the chart were in deeply oversold territory. So TLT was setting up for at least a modest dead-cat bounce to relieve the oversold conditions. That bounce happened last week as TLT rallied back up to its 20-day exponential moving average (EMA) just above $88. To create the sort of bottom formation that sets up a more significant rally, TLT needs to come back down and make a slightly lower low, while the momentum indicators hold above their recent lows. This will create the positive divergence that often precedes a change in trend from bearish to bullish. The dotted black lines on the chart show how the price action could play out. Free Trading Resources Have you checked out Jeff's free trading resources on his website? It contains a selection of special reports, training videos, and a full trading glossary to help kickstart your trading career – at zero cost to you. Just [click here]( to check it out. There are no guarantees, of course. But we do have the potential for a strong year-end rally in Treasury bonds. That doesn’t mean traders should buy TLT at Friday’s closing price of $87.61. But if the fund sells off enough to make a slightly lower low (below $85) and the momentum indicators make higher lows, then we’ll have a low-risk/high-reward setup. That’s when traders should look to buy TLT in anticipation of a multi-week rally phase. Best regards and good trading, [Signature] Jeff Clark READER MAILBAG Will you be buying Treasury bonds? Let us know your thoughts – and any questions you have – at feedback@jeffclarktrader.com. IN CASE YOU MISSED IT… [ATTENTION: Digital Dollar Could Send this $0.25 Play Skyrocketing]( In just a few days, the U.S. government could announce [this mandatory recall on the U.S. dollar…]( And replace it with a new digital dollar. And that could send [this $0.25 alternative investment skyrocketing.]( This is the same type of investment that’s already attracting the attention of legendary investors and billionaires like Elon Musk, Mark Cuban, and George Soros. If you know the necessary steps to take right now, not only will you protect your money, you could come out of this shift wealthier than you ever thought possible. But you need to act fast. [Click here to get the exact steps to take right now.]( [image]( [Jeff Clark's Market Minute]( Jeff Clark Trader 55 NE 5th Avenue, Delray Beach, FL 33483 [www.jeffclarktrader.com]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. Jeff Clark Trader welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-800-752-0820, Mon–Fri, 9am–7pm ET, or email us [here](mailto:contactus@jeffclarktrader.com). © 2023 Omnia Research, LLC. All rights reserved. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Omnia Research, LLC. [Privacy Policy]( | [Terms of Use](