Admittedly, the above Chart is Richly Busy. The Crux this is the true "Don't Fight The Fed" expression. Long Strong the Final Bond, with this upside breakout. NASDAQ:TLT
Trade active
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Trade active
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This has been an example trade of why I tire of Trad-Fi Markets. False breakouts and breakdowns abound. On the Buyside brightside these present as very buyable dips. Load 'em up, upside awaits us.
Hello, do you expect a breakout of Nas:TLT to the upside?
d-MR96nBa
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@Andysanchez5275, Hey Again Andy,
Yes I do. The expectation is US Bond Yields flatten toward 0 % across the curve.
0 % (or negative) on the US30Y could see us hit $410.22 in the coming years.
Hope that Helps.
Andysanchez5275
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@d-MidnightRunner, Hi, hmmm more convincing for the coming years to see that happen. Have any expectations for the end of the year (3months)?
d-MR96nBa
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@Andysanchez5275, Back near the 2020 highs.
Hold a gun to my noggin, $169 USD or better.