20 year Bond Yield and TLT Bear Flag vs Bull Flag on Weekly
The 20 year bond yield is finishing up a 5 month Bear Flag Pattern and on the inverse TLT is finishing up a 5 month Bull Flag Pattern. The Bond Market smells a Fed Pivot in the works. I bought TLT on 3/21/24 and will hold until we reverse at resistance at $96.50. If we break through resistance at $96.50 then momma gets a new card baby because we are going above $100 and up.
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.