US 20+ YR Bond ETF is regularly uploaded in our group and currently has its impulse wave on the chart we normally use but I wanted to show the Mean Reversion Zone here if $TLT has put in its bottom now.
We can see in early 2020, at the height of panic due to Covid, Bonds hit a record high at $179, they have been on a steep decline since the US flooded the market with dollars, by way of a stimulus packages
Now in terms of Risk V Reward, $TLT is at its 2003 lows, so in terms of DCA'ing in around these levels to hold long term and I am talking as part of your pension portfolio long term, this would be a good add around these levels and I strongly consider $TLT here under $100.
AL
2024-06-15 16:20:09 +0000 UTC