The only think I see happening is an ih&s forming on the daily. I tried a call spread and got burned. Sitting on the sidelines here for now.
Comments
Trader-andrew-nj
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I like the negative divergence but I could definitely see consolidation as the market makes up lost ground
azn_trader
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Everyone in the market & CNBC are calling for inflation trade & rising rate. I think there is a possibility to go long for TLT. But I think it's still early. I need to wait for couple confirmations. Last rate hike from Janet, TLT shot up higher. Massive commercial shorts on 10YT.