TLT back at 119 pre-market, after what was either the last dead cat bounce off 118 before going over the edge...OR...if it holds 119, and then takes out 120, that 118 low may have been big swing bottom...
should not have wait too long to find out who wants the ball here...
My guess is a 30 min close below 119 now would not be good for bulls....
Hard to believe bonds could take a big tumble with sentiment as whacked as it is, but still a big open abyss below, if TLT doesn't hold right about here...
