2022-12-01

30-Year Bond Symmetry

Let's see if the dip comes or not. I closed out some TLT calls earlier in the week because it hit a horiztonal. TLT has more a dip that argues for a bullish turn immediately, whereas ZB would still need a dip to fully reflect the down move. It doesn't have to be a symmetric move though. The expected move is higher and any dip should be limited.

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