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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (83348)1/4/2024 3:08:31 PM
From: The Ox1 Recommendation

Recommended By
ajtj99

  Read Replies (2) | Respond to of 97611
 
I was more interested in where TLT was trading between 2004-2014 and it's relationship to where we've been trading for the past several months.

Hard to guess in the very short term where rates will head but I'll be surprised if TYX gets above the 43-43.5 range. TYX made it back to where it was trading in Aug of last year, so a retrace should have been expected.

MOMO has turned but the question in my mind...is this just a needed bounce or a real bottom. Hard to say with the year end changes being put in place for 2024 by fund managers and traders. I can easily see TYX falling into the mid 30s at some point this year. Time will tell....