$TNX The little Yield that could. You think the Great Yield slaughter of the 40 years was something; just feast your eyes on the great Yield breakout, eons in the making.
In our next predicted cycle of disastrous economic, but not all that surprising or unexpected economic events; we will now see the Great Bond Slaughter coupled with treasury yields sky high. An event the likes of which the world has never seen.
As you can see the TVC:TNX is flagging on all high time frame charts and has several upper targets to reach before then top is in.
Our next target being a measured move at 8%.
Since we called this breakout 2 years ago, it has not failed to disappoint.
You might also want to check out the TVC:VIX and TVC:DXY monthly/quarterly/yearly charts.
When the shit goes down, you better get ready.
~Cypress Hill