grumpa06

20 year Bond Yield and TLT Bear Flag vs Bull Flag on Weekly

TVC:US20Y   US 20Y yield
The 20 year bond yield is finishing up a 5 month Bear Flag Pattern and on the inverse TLT is finishing up a 5 month Bull Flag Pattern. The Bond Market smells a Fed Pivot in the works. I bought TLT on 3/21/24 and will hold until we reverse at resistance at $96.50. If we break through resistance at $96.50 then momma gets a new card baby because we are going above $100 and up.
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