Treasury bonds have been in a bear market for an incredible 27 months. One might think that’s enough, but I’m not so sure. Take a look at TLT, which is sporting a very clear price gap:

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Treasury bonds have been in a bear market for an incredible 27 months. One might think that’s enough, but I’m not so sure. Take a look at TLT, which is sporting a very clear price gap:

Good morning, folks. Goodness, for such a promising month, there sure isn’t much going on at the moment. That’s no big surprise. The fireworks show doesn’t start until later. So at the moment we’ve got an /ES which has been stuck inside a range for a solid week now.

I take no pleasure in writing it, but I must be true to my chart – – the EFA (worldwide equities, sans North America) has tagged what could be a very important Fibonacci support level. The prior instance of such a tag is also shown. I mean, hell, I’m having just way too much fun to want this to ever stop, but I guess the market simply isn’t going to go down every day until the end of time. It’s a shame, too.
