The last bond trade was perfect. Since my last post the futures have soared as well as the TLT etf. The 30 year yield fell as low as 2.90 percent. The yield curve inversion continues to stay towards the middle with the 2 and 5 year below the 1 year and 10 year. The long end has held its ground staying continuously higher. The bond looks as though it may have topped out short term. The sequential is sitting at an 8 on the weekly as well as being far from the 8 ema indicating oversold conditions. The stock market appears to have caught a bid short term so this may lead investors to exit safe havens for the time being. Fed chair Powell appears to be dovish on rates now which could drive up us stocks temporarily. I’m looking for another dip buying opportunity in bonds as I believe what ever news is being floated won’t hold stocks up for long. As soon as they crack bonds will be soaring again. I’m looking at 143 as a support due to prior price activity as well as the 50 week moving average sitting at that level.