Pushed through the 20month EMA which had long been resistance. 3rd trend line has been broken AND it's in a bollinger band squeez. Quite bullish. Do I think TLT will collapse? Personally no. There will always (imo) buyers of bonds and for TLT to collapse would be akin to skyrocketing interest rates.......which the Fed will not allow. TBT is a trade and (imo) not be considered anything more than that.
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