There appears to be confusion.
Oil can move higher, much higherโฆ Growth will begin to slow hard within the next 6-12 months.
Oil will eventually rollover and yields will fall like a rock.
$TLT is bottoming if not already there.
A move lower would just be free money
@BradishMuse I guess we have to say this again... The volume for the entire event is 11,000
One bet of $100 for โOrioles - Noโ
would drop it like a rock.
Andโฆ it did
$TLT if interest rates are about to move lower why does this chart look so bearish (which means rates are going to move higher)
Lower highs, no upside volume, and pressing the bottom range of support with tightening action.