MARKET ALPHA WATCHLIST - TLTSymbol: NASDAQ:TLT
Indicators
Laguerre RSI
2 x Multi-Time Frame EMA
Comments: The FED has been pumping a substantial amount of liquidity in the US economy via creation of and then purchasing of bonds. The problem became more complicated as Michael Burry revealed his massive short position against the bond market.
Michael Burry was not the only one shorting the bonds. The decline of the dollar was a clear indication that the Fed efforts would lead to further decline in bond prices.
The bonds look to be unraveling as the word "taper" has been a focal point of the fed and they are actively having meetings about having meetings... so that is definitely promising.
