Cobra's Market View

What a strange day! Not exactly sure if we saw any impulsive waves down outside of the overnight move. So I am guessing zero technical damage has been done, therefore Party on Dude!

well, guess that's it for today. Thursday tomorrow has been generally bull friendly. thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp

te_fern wrote:Eight day view of the levered bond bear. See the breakout on this chart... Seems to be filling the gap right now...

boss: what do u think about TBT?

Al_Dente wrote:

te_fern wrote:Eight day view of the levered bond bear. See the breakout on this chart... Seems to be filling the gap right now...

boss: what do u think about TBT?

Pretty similar chart (Isn't TBT just the 2X versus 3X for TMV). Looking at longer term charts they're both pretty volatile within a range. I've found it;s hard to predict interest rates due to so many factors influencing them. And what influences the ST rates doesn't always apply to longer term rates....