Look at the chart...then look at your portfolio...then look at the chart again. Where do you think TLT is heading? Every time JNK/TLT touched the trendline, a TLT rally followed it, 4 times in the past 13 years. Do you think it will happen a 5th? 30Y at zero is something like ~200 on TLT, this is the best ROI trade right now IMO. Yes it will take a year or two,...
I think we are going to hang in this zone for a while or head down to this curve. Could be a very slow change of course...I'm not sure, but it's resisting off the 61 Fib and has been for a while.
I found a trend line that TSLA has been interacting with for a few months. My chart is on a logarithmic scale and I think this reflects the "growth" rate of TSLA's stock. This is my first analysis, but basically if the market declines, I think it's likely TSLA will end up testing this trendline in the $500 area. If ppl panic in the market, I think it could lower...