Not that you need any more evidence of rising interest rates, but take a look at symbol TBT, which is the double-inverse fund based on TLT. In other words, this thing is going to surge as bonds collapse:
(Click on image to enlarge)
This has been a beautiful bullish breakout, accentuated by the fact that it has flanking volume strength.
(Click on image to enlarge)
Comments
Log in or sign up to join the conversation.