On this daily chart of the ratio of TBT ( Treasury Bills Bearish ) to TLT ( the inverse Bullish)

over time. This serves to accentuate shifts in prices from factors affecting them both but

with opposite effects. Federal actions or even reports of economic data are some

of those factors.

This chart shows that about November 1st, TBT ad topped out and fell. They are inverses

of one another . What makes one go down will make the other go up and viceversa.

By February 1, TBT bottomed out and the ratio reversed. The cycle took 3 months.

On a lower time frame, cycling would be more frequent.

At present, it would appear to be time to sell TLT and / or buy TBT

What applies to the TBT /TLT ratio would also relate to TMV / TMF as a ratio.

Note
TBT is a buy rate cuts likely are stalled LONG
Note
TBT ready for another long entry now snapshot
Beyond Technical AnalysisEconomic CyclesratiotradingtbillTBTTLTTMFTMVtreasuriesTrend Lines

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