Blog post: Day 8 of $QQQ short term down-trend; Hourly GMMA chart shows 20 Year Treasury bonds rallying–Why?

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The hourly GMMA chart can pick up changes in trend before the daily chart. This hourly chart shows TLT beginning an RWB up-trend. Why would longer term rates be coming down? Do traders suspect a recession and weaker economy down the line?

 

 

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