AndyM
Long

One last high is clearly due in the bonds

NASDAQ:TLT   Ishares 20+ Year Treasury Bond ETF
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10 year yield should drop below 1%.
I agree with you 100%. I also think it's a little overbought (to far to fast) at the moment and wouldn't take a long position in it today. Once a pull back happens in the next couple sessions in which a swing trader could take advantage of and short. The market is pricing in two rate cuts by the Fed. Once the pullback happens the charts already show a cup and handle and Inverted H&S. I think this is going back to 2016 highs IMHO. I would go long after that pullback. Nice Work!
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AndyM In33muney
@In33muney, there will be no pullback. And it's not the market that's pricing two rate cuts by the Fed: it's the Fed that will _have_ to make two rate cuts based on the market.
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@AndyM, Ok, nice work!
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