T-Bond Rally at an Important Target

by Rick Ackerman

The 35-year bull market in T-Bonds still has quite a ways to go before reaching my long-term targets, but our TLT proxy for this vehicle, and therefore the bond futures themselves, are at or very near a potential top of at least short-term importance.

Hedging our very profitable tracking position could get complicated, especially with a strategy formulated a day in advance, and so I’ve suggested waiting till just before Wednesday’s open to determine where options on TLT are likely to open.

Tune to the chat room for guidance in real time.

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