Now that my $100 call came to fruition, I've got another. I think we will see $103-104 sooner rather than later, and probably $110ish in Q1 2024. That is decision time to take a little profit or hedge or just stay on the whole time to $120+ target. I do believe we will get a pullback soon where bond yields will retrace a little bit. Multiple pullbacks before the end goal. But I do not expect bond yields to go back much higher without some major catalyst. Probably a spike in oil price would be the only thing to do it. Economic and inflation data is weakening. Trend is your friend for now. Good day bulls.
$TLT$ Bullish
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