Wenger (@ArsenalC150) profile picture
Joined December 2021
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$tlt correlations becoming much closer to 1 now
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to dump or not to dump, that is the question? $TLT
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$tlt /zb relative strength vs /nq $qqq
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Everything up but bonds $TLT
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Replying to @tutukit16
Bond market up means yields down. Yields have peaked for the cycle & headed lower & ultimately to all time lows below 2020.
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$TLT Gotta dump that junk as always. admittedly, it felt a bit different today for a few reasons. but it's supposed to make you feel like this time is different.
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$TLT longs completely wiped out, overnight selling will become very disorderly. $TLT furus disappearing act 🤡
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how hard is it to understand correlation to the indices, relative strength. this is how you avoid financial ruin on junk like $TLT
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30 minutes of euphoria for $TLT bagholders. Imagine the long faces lol. You have to learn, it's always just another pump and dump.
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Don't get it twisted. Dump the trash $tlt
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How bad it could get for $TLT? speculative tech rallies: down high indices correlation: down infinite gov debt: down escalation of war in iran: down any oil disruptions: down refusal of zirp boys to come clean still: down fintwit bagholders desperate for a bounce: down
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Replying to @EconstratPB
Does your model account for orange swan ?
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$TLT to make fresh lows into the 70s overnight with Iran escalation They obviously don't want the war to end. We have unlimited JDAMs and Israel does too. F35s, F22s, Apaches, Cobras. It's more profitable to keep the war going.
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Another fantastic reason $TLT is fucked is because the correlation to s&p futures is far too high. Imo, any sustained move higher in the short term would at least require relative strength of any sort, or any timeframe. The inverse correlation is also obviously missing.
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