Bonds about to have a med term counter trend RALLY - TLT
Most folks know my view on inflation and yields over a very long term horizon years++ (they are going HIGHER) BUT in the short/med term we could be looking at a RALLY in bonds (lower yields) in the weeks ahead. LONG TLT @ 90.80 with a stop below 88.80 and a target of 100.
Reward/Risk 5:1
Reward/Risk 5:1
Note
2 months on, +7% with no leverage and low vol. Thanks for playing.
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