


Bullish Falling Wedge continues on TLT. Inflation Data is screaming higher for longer, however the Bond Market continues to "prophesy" a Pivot from the Fed. Does the Bond Market see a massive Bank Failure Event in the near future?
20 year Bond Yield reversed in its' 3 month Rising Channel and is now rising to 4.77% due to inflation data in the manufacturing report. Will it break out this time? If so its' going above 5% again.
The 20 year bond yield is finishing up a 5 month Bear Flag Pattern and on the inverse TLT is finishing up a 5 month Bull Flag Pattern. The Bond Market smells a Fed Pivot in the works. I bought TLT on 3/21/24 and will hold until we reverse at resistance at $96.50. If we break through resistance at $96.50 then momma gets a new card baby because we are going above...
The 20 year Bond Yields has been in a channel since 12/2023. On the weekly, it has hit resistance twice and bounced off. We are approaching a third attempt to break through. Iff it does, whhen it does, its' going to 6%.
The 20 Yr Bond Yield will likely move to 4.7% by March 22nd, 2024 based on its' 12/2023 and 04/2020 Channels. Bought into TMV on 3/11/24 based on this reversal on Friday. Looks like this will be a 15% gain once TMV hits resistance next week.
Either the Dollar is lying or the SP500 is lying. Both can't be telling the truth. Who is being truthful and who is lying to you?
TLT hit resistance at its' 03/2023 weekly channel and its' 12/23/2023 daily channel and is likely to move down to $90 per share by 03/22/2024.