My thesis, formed for many reasons, is that money will pour into the United States like nothing we’ve seen before driving the U.S. Dollar above 160, the Dow to 100,000, and with less conviction I believe into bonds.

If this is going to happen bonds better find support pretty quickly. Almost all the charts for bonds are pretty negative but I did just find this long term linear parabola on TLT. We could be at point 4 of a continuation pattern up at this time which will be counter to the entire crowd’s thinking…

Go back far enough on a log chart and there are other lines of support not much further down for TLT.

This could be wishful thinking! I’m having a home built and it should be done in 5 months. Been watching bonds hoping the rates come back down! Lol 🙂