$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
Jeffrey Santoro
If only he was prudent and not too proud and not surrounded by morons that pander to his ridiculous ideas…
Tim
This might be one of the most important charts with the 10 yr to paint a picture of what is next. Thanks.