AndyM

Wave 4 in TLT is almost over

Short
NASDAQ:TLT   Ishares 20+ Year Treasury Bond ETF
I still cannot confirm that the triangle in wave 4 has ended. Triangles take time to develop, but once they are over, wave 5 almost always takes less than 0.618 of the duration of wave 4 to compete.

If W4 ended today, then the crash in Treasuries should end before 23 Aug 2023: by that time we will see 10Y at 10%.
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