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Strategies & Market Trends : TRIPLE TRADES
OPEN 6.320+3.9%Jan 5 3:59 PM EST

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From: Tweets Boar Hog7/31/2021 12:54:04 PM
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This is an interesting Bond chart.

Bonds with a 2X amplifier, tracks 1X bond charts. The amplifier effect of 2X etf's sometimes helps to bring out a trend.

TLT has recently been on a tare. It corrected and responded about exactly as it should have, if it is in the early stages of and extended 5th wave.

Over the last few months there have been many posts on SI about the upcoming bond crash, be short bonds, be long term short bonds, etc. And the commodity bull in process, to go hand in hand with inflation.

TLT has a big test coming up, but the opposite possibility to conventional chit chat is that bonds are just starting a parabolic blow off, that has a couple years to run.

Flight to safety? No one knows. It is what it is as they say. If TLT breaks through here it is probably going a long ways. And cash will be worth chit. Already is basically. Ask me I know.

Tweets

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