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I’ve been sharing this pattern with members for a couple of weeks. The 30-year yield may have created a multi-year double bottom at (1) and could have created a multi-year bullish inverse head & shoulders pattern at (2).
Yes the death of the bond bull has been discussed way too many times by a ton of people.
At this time the great bond bull market can not be said is dead! This is not a macro/fundamental call… this is nothing more than sharing with you, what the patterns that millions of bond traders have created over the past 10-years, could be telling us about the future trends of interest rates.
If the Power of the Pattern is correct on this pattern, rates blast off to the upside!
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