TLT - ThunderBall as TNX trades thru 1.564139s and perhaps lower as this will begin to unravel the Equity markets as we approach the prior
highs.
The Fuse for the next leg down in the Equity Complex is being lit.
And the reason for the RUSH to Wall Streets higher FIlls.
Things are quickly coming apart in the REPO Markets as well.
This sets up the potential for a large Rug Pull...
1.71 - 1.76 and it's going to get very Sporty.
Banks are not lending, higher rates do them very little.
Savers are being torqued by Inflation as the Wood Panelers and 007s
can't seem to find a Bid for their Junk Paper.
This will get nasty in the next 10 days.
Very Nasty, they are using the lul between Expiry in VX to hoist price as far as they can
only to let it go again.
We see 15K on NQ with the Gap at 15.2K and the Ledge 15.4K.
NQ has traded the -382 of the 15399 to 14367 decline.
With tomorrow's Macro Job / Employment Report, the silliness can get out of hand quickly.
IMHO, this will end rather badly as we roll back over and begin the 200SMA assualt.
