TLT update … folks, this could be the beginning of a BIG move in RATES

if you search rates on this sight you’ll see we’ve been following the long bond, TBT/TLT, short term interest rates, etc. for a while.

first chart is the projection I sent out to some friends … it went right up into the short zone and has since fallen.

note the measured move corrections – for rates to really take off, believe our first hint/signal will be a break (daily close below) of the 123-124 lower channel support level.

went right up into the zone depicted above:

Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets. View all posts by BART