Long Bond – April 8, 2025
Well, would you look at that …! Certainly looks like this long term level is going to get tested and boy does it look like some VERY STRONG support …
I’m telling you folks … sounds crazy, but just seems like Mid-May is going to be very interesting. Right …?
Anyhoo, I’m going to close my TBT position and go long TLT … no other reason than why not?
Bart's Charts 
Good chart, but the bond auction went really well today. Plus, TLT bounced exactly off of my old trend line. Today might be perfect timing for the reversal.
That long bonds move lasted about a month. Now back to where we were in April! Maybe you should have trusted your original “wave 5” target on /ZB. TLT headed to low $80s possibly high $70s or worse.
you win some ya lose some … part of the game. appreciate the comments … certainly looks like it was a multi year triangle. rates up for now …?