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: