TLT + Rate Cuts
Updated
TLT bullish trend into 100 resistance with major Fed decisions coming in the next weeks/months. Has a gap to fill on the way to highest pt
Pts are 98.30, 98.70, and 100+
- Shifted narrative from inflation to labor market
- Data suggests Fed is very behind the curve
- Jackson Hole
- FOMC
Pts are 98.30, 98.70, and 100+
- Shifted narrative from inflation to labor market
- Data suggests Fed is very behind the curve
- Jackson Hole
- FOMC
Trade active
Closed out most this morning when first two pts were hit
98.67 was close enough for me
Note
Currently 99.70, closing in on 100 with major jobs data tomorrow morningTrade active
100 pt hitNote
101 hit, FOMC on Wednesday
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