Must See Charts: ETFs for U.S. Treasury Yields, Gold, Crude Oil, Euro

NEW YORK (TheStreet) -- Bond yields have been rising since Wednesday's FOMC meeting. Comex gold has been sliding, Nymex crude oil continues higher and the euro versus the dollar has been rebounding. These changing dynamics solidify the notion the Federal Reserve will raise the federal funds rate before the end of 2015. Markets tend to anticipate this event six month before for fact.

The yield of 2.108% on the U.S. Treasury 10-Year note is above its 50-day simple moving average of 1.986% and below its 200-day simple moving average of 2.192%. The same is true for the yield of 2.816% for the U.S. 30-year bond with its 50-day simple moving average of 2.610% and its 200-day simple moving average of 2.870%.

Investors seeking the safety of the U.S. Treasury market have been trading the 20+ Year Treasury Bond ETF (TLT). This exchange-traded fund is a basket of U.S. Treasury bonds -- with maturities of 20 years to 30 years -- that trades like a stock.

Here is the daily chart for the bond ETF:


Courtesy of MetaStock Xenith

The bond ETF had an open of $124.73 on Friday between its 200-day simple moving average of $123.45 and its 50-day simple moving average of $128.92 after setting an all-time intraday high of $138.50 on Jan. 30.

Investors looking to buy the bond ETF should place a good till canceled limit order to purchase the ETF if it drops to $120.33, which is a key level on technical charts until the end of the year.

Investors looking to book profits should place a good till canceled limit order to sell the ETF if it rises to $132.13, which is a key level on technical charts until the end of the year.

Comex gold is below its 50-day and 200-day simple moving averages of $1,190.1 and $1,224.7, respectively. Investors looking to trade gold should consider the SPDR Gold Shares ETF (GLD) which is backed by gold bullion and matches the performance of Comex Gold futures contracts

Here is the daily chart for the gold ETF:


Courtesy of MetaStock Xenith

The gold ETF had an open of $112.42 on Friday below its 50-day and 200-day simple moving averages of $114.28 and $117.72, respectively, well below its 2015 high of $125.58 set on Jan. 22.

Investors looking to buy the gold ETF should place a good till canceled limit order to purchase the ETF if it drops to $106.09, which is a key level on technical charts until the end of May.

Investors looking to book profits should place a good till canceled limit order to sell the ETF if it rises to $136.11, which is a key level on technical charts until the end of June.

Nymex crude oil is well above its 50-day simple moving average of $51.22 and is well below its 200-day simple moving average of $69.47. Investors looking to trade crude oil like a stock should consider the iShares GSCI Commodity-Index Trust Fund (GSG). This commodity ETF is 70% to 75% weighed to energy and crude oil.

Here is the daily chart for the commodity ETF:


Courtesy of MetaStock Xenith

The commodity ETF had an open of $21.55 on Friday between its 50-day and 200-day simple moving averages of $20.35 and $24.98, respectively, well above its 2015 low of $18.81 set on Jan. 29.

Investors looking to buy the commodity ETF should place a good till canceled limit order to purchase the ETF if it drops to $19.63, which is a key level on technical charts until the end of next week.

Investors looking to reduce holdings should place a good till canceled limit order to sell the ETF if it rises to $23.20, which is a key level on technical charts until the end of June.

A key level on technical charts of $21.67 should act as a magnet until the end of June. This level was tested on Thursday.

The euro versus the dollar is well above its 50-day simple moving average of 1.0876 and is well below its 200-day simple moving average of 1.2056. Investors looking to trade the greenback should use the Deutsche Bank USD Index (UUP) which represents the U.S. dollar versus a basket of currencies; the euro, Japanese yen, British pound, Canadian dollar, Swedish krona and Swiss franc.

Here is the daily chart for the currency ETF:


Courtesy of MetaStock Xenith

The currency ETF had an open of $24.91 on Friday between its 200-day and 50-day simple moving averages of $23.78 and $25.67, respectively, well below its 2015 high of $26.50 set on March 13.

Investors looking to buy the currency ETF should place a good till canceled limit order to purchase the ETF if it drops to $24.10, which is a key level on technical charts until the end of June.

Investors looking to reduce holdings should place a good till canceled limit order to sell the ETF if it rises to $26.75, which is a key level on technical charts until the end of May.

Investors not familiar with technical analysis should begin with the notion that a price chart for an index or stock shows a road map of past price performance, which provides guidance for predicting future share price direction.

Here's how to read a daily chart. There are two moving averages to follow; the 50-day simple moving average is in blue while the 200-day simple moving average is in green.

This article is commentary by an independent contributor. At the time of publication, the author held no positions in the stocks mentioned.

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