$TLT
Added 2023-10-19 15:24:17 +0000 UTC20 Year has been making historical lows, not seen since the '08 Financial Crash, so if you believe these times were are in now are normal, then they certainly are not, the market is treating the Bond market as though we have just experienced a Financial Crash.
So we need to see where there is a potential bottom and if we look at the May 2006 bottom, then $82.70 is a support line.
We have got to imagine that the bottom is coming in soon.
Comments
Do you have a “buy zone” for TLT or do you wait until there are hints of rate cuts?
Mike N
2023-10-19 19:04:59 +0000 UTC
