TLT at huge levels
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Note that TLT is sitting right on the huge trend line that has been in place since "forever". There is no accurate science when it comes to drawing such long trend lines, but it at least shows how extreme the recent move in TLT has been. Second chart shows just how oversold TLT is here. Third chart shows TLT and BSV (short term bond ETF). One is attempting to reverse...Let's see if it "spills over".