$TLT
Added 2025-04-11 12:33:38 +0000 UTCBonds took a very abrupt U turn since Friday, at the same time Yields started rising....Large amounts of Treasury Bills are clearly selling off, the price action has fallen from $94 to $85 on this reaction and the price action has managed to hold on the last Fib support level on the 0.887 Fib
$TLT is very weak here and a lower low below the yellow support line and the bear case is triggered and there is a risk that the price can drop down to the October '23 level at $82.
Yields are causing this and I believe it is a counter tactic on Trumps Tariffs....he is concerned about Bonds, this caused him to make a 90 Day Postponement....if they drop further, this could be the trigger for him to call a truce with China.
Comments
If only he was prudent and not too proud and not surrounded by morons that pander to his ridiculous ideas…
Jeffrey Santoro
2025-04-12 12:20:35 +0000 UTCThis might be one of the most important charts with the 10 yr to paint a picture of what is next. Thanks.
Tim
2025-04-11 22:25:51 +0000 UTC
