TLT is breaking out. It's not signaling that interest rates are falling - we know we are gonna get interest rates high for a longer period now. This time, its hinting that investors are risk off.
We are also seeing some red flags in the market. Financials, and communications sector seem to be topping. Breakout trades are failing. I say a pullback in the market is coming really, really soon.
Bet on TLT.
We are also seeing some red flags in the market. Financials, and communications sector seem to be topping. Breakout trades are failing. I say a pullback in the market is coming really, really soon.
Bet on TLT.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.