Tuesday, September 29, 2026

Bond Decline Looks Stretched

 9/29/2026


 the OHLC bars are the price of TLT a popular 20 year bond fund. It has fallen in price with the increase in bond yields. RSI at top is below 30,  PMO aat bottom is approaching a bottom and turn point but not there yet. the Moving Averages, teh three colored lines, are widening showing the depth of the sell-off. 

Yes there is a lot on this next chart but bear with me. I added the TBF bear fund as the purple line. 


 TBF has achieved a near vertical position to the upside, the opposite of TLT to the downside. 

Conclusion, we will shortly need to exit TBF and add TLT for a rally in bonds which could last a month or so.  

 

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