TLT – Record Volume

Watch for bonds to stabilize here after hitting a channel bottom on record volume. Recall that in August the call was made to avoid this instrument, and then on POMO day in November it was clear there was more selling to be had. Well times change, and it looks like a bounce is nearby. TMF is the 3x long bond ETF, if you’re into that sort of thing…

——————

————————

Advertisements
This entry was posted in watchlist and tagged , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s