Flight to safety trade is on today.
$iShares 20+ Year Treasury Bond ETF(TLT)$ is becoming a safe haven. $Cboe Volatility Index(VIX)$ suppression is falling apart.
A bet for $iShares 20+ Year Treasury Bond ETF(TLT)$
$iShares 20+ Year Treasury Bond ETF(TLT)$ up 5.22% so far this week if that can hold into the close would be largest weekly gain since March of 2020, the week the pandemic started to get priced-in. @JStanleyFX
$iShares 20+ Year Treasury Bond ETF(TLT)$ - The next 4 year cycle high is due in 2024. The last three 4 year cycle highs occurred in July. This one is likely to occur in Q4 like in 2008. The 20 month MA is at 96.74. A monthly close above it will confirm a rally to the upper band at 109.63 by the end of the year.
$Direxion Daily 20 Year Plus Treasury Bull 3x Shares(TMF)$ (3x fund for $TLT 20 year #Bond) is my favorite hedge right now with rates coming down over the next year. And easy doubling of returns, IMO.
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