In the trader tip video below, Chris dives into the bond market charts. There’s an interesting opportunity starting to come about with the bond market. Since late 2018, most people have been fleeing from bonds, panicking about the massive selloff.
If we zoom in on the more recent bond price action, we can see that we’ve got a very significant bottoming type of formation starting to happen here. We are on a verge of a breakout that will be a fairly significant one. Overall, we could see bonds come back into favor, and a lot of people may be caught off guard.
TO LEARN MORE ABOUT THE TLT Bond ETF – WATCH THE VIDEO
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Disclaimer: None of this material is meant to be construed as investment advice. It is for education and entertainment purposes only. The video is accurate as of the posting date but may not be accurate in the future.
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Original source: https://www.thetechnicaltraders.com/tlt-bond-etf-trader-tip-of-the-week-video/
