Bond Target Area…

Bond target area being appreciated. Here is the chart forecast that we have presented many times since its creation in March 2021 when the 140 support area on TLT was violated. The breakout hole to the upside is now in focus.

Interest Rate Watch Pocket…

Of short term trading interest is what I call the interest rate watch pocket, the tight range of the Bond ETF TLT between the employment number low of 84.06 on Oct 6, and the bounce high after that low at 88.47 on Oct 11. Violation of either extreme on volume will be a signal.