$TLT iShares 20+ Year Treasury Bond -- The Wall of Jerome
TLT 20y treasury bonds is down 50% from highs. I call this chart "The Wall of Jerome". Descending RED wall clearly shows the overhead resistance.
Once the United States starts it's interest rate cutting cycle, this wall breaks.
I think we're getting there, slowly, but surely.
Once the United States starts it's interest rate cutting cycle, this wall breaks.
I think we're getting there, slowly, but surely.
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