The TBT has fallen something like 12% in a couple days.

Yeah. Broken Parabolic.
#1
Posted 03 November 2023 - 09:20 AM
Mark S Young
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#2
Posted 03 November 2023 - 10:20 AM
To far to fast, gaps everywhere which is starting to look like confusion and indecision occurring and in the end that may not be a good thing. My biggest question is when the pschy will change from the bond market rallying because of the hints of a slowing economy helping stocks to the bond market rallying because of the slowing economy and stocks selling off because its "looking" to be slowing too much.... I figured that wouldn't happen till the new year but may happen sooner....
#3
Posted 03 November 2023 - 10:35 AM
I had a buy signal on TLT 10/23.
#4
Posted 03 November 2023 - 11:39 AM
I sold my TLT today. Short term looked overdone.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#5
Posted 04 November 2023 - 09:04 AM
Longer term monthly chart since 1943 just for fun and historical context.
Fib
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#6
Posted 04 November 2023 - 09:09 AM
Longer term monthly chart since 1943 just for fun and historical context.
Fib
That's a good chart. I wanted to show that to my subs.
Mark
Mark S Young
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#7
Posted 04 November 2023 - 01:25 PM
Looks like the 10 year yield has two options - rally or crash.
#8
Posted 04 November 2023 - 11:29 PM
I sold my TLT today. Short term looked overdone.
Roger, to your caution to the long end possibly going higher in yield.
Federal Reserve’s “Sledgehammer” To Economy Is Being Offset By Government Debt Binge | Michael Kao
Edited by Chilidawgz, 04 November 2023 - 11:33 PM.
#9
Posted 05 November 2023 - 11:07 AM
If it chooses to crash, could find support at around 3.5.
#10
Posted 05 November 2023 - 08:47 PM
Or maybe it will bounce strong from here and kill the xmas rally.