LONG BOND since 1981
i did this post for @seeitmarket around the TLT (long bond (20 year +) ETF: http://www.seeitmarket.com/tlt-price-target-view-treasury-bonds-stretched-15862/ and the targets around 145 still loom ….
so, here’s the long bond and the TLT charts ….not trying to “call a top” just find patterns. could they keep going higher? well of course ..but man, this is really getting quite crazy now, isn’t it?
note, on a monthly you can see 5 waves completing (30 year continuous) and that should mean a pullback but is it the 5th of the 5th? who knows …