One Gap To Rule Them All

Space Grey Ipad Air With Graph on Brown Wooden TableImage Source: PexelsThe plunge in interest rates in recent weeks has set fire to equities. This was signaled, as I pointed out at the time, by the massive overshoot in TBT (the ultra-short on bonds fund). Please note that TBT is rapidly plunging toward an important price gap, and the closure of this gap will likely put an end to the interest rate relaxation.More directly, keep a very close eye on TLT. I’ve shown here how a prior gap (and not as significant) was neatly sealed. I suspect the same will hold true of the forthcoming gap closure, which should coincide with a cessation of this stocks-go–up-every-day schtick we’ve been going through for almost a month now.More By This Author:Tesla Trap Now & Then AnalogReally Hot Chocolate


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