TLT - Intermediate BUY Set-Up

2 Mar 2023

Here is my road map for TLT... T-Bonds
This will have significant ramifications across many correlated markets. Think ES, DXY, Gold etc...

I believe we close to embarking on a C wave move up to the opposing upper channel line. This could take on a variety of shapes/slopes. Time will tell.
The bigger move ahead is down... although the move ahead will be worth participating in.

See my published ideas linked below covering TBonds yields and ES/SPX pathways related to this supposition.

Weekly view of TLT here:

10 Mar 2023

Not

Update pre-NFP. Ideally there is one more wave up on yields. Perfect buying set-up for TLT...

24 Mar 2023

Not

10 Yr yields close to putting in a bottom

7 Nis 2023

Not

10 yr Bond reaching potential wave 4 channel line.
We either reverse coarse soon or yields continue to drop

14 May 2023

Not

We've essentially filled in the channel since last update. I'm continuing to expect a 5th wave down in the 10 yr.


10 year yield chart: