TLT is getting some momentum, you can compare to the earlier charts today that were just starting to show something.
TLT 1 min
2 min
3 min
5 min
Earlier we only had a 1 min divergence which I said "Could" be an intraday move only, but I doubted it, I thought it was the first sign of a flight from risk assets to safety, as the charts have developed and reached out to the 5 min-way beyond intraday, I think it's clear, this is a flight out of risk and in to safety. It may not be complete, but it has good evidence for it occurring.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
No comments:
Post a Comment