Recap for the day on $TLT $TNX bonds

Successfully broke past $88 on the Trump inauguration rally, only to find the fifth wave of responsive sellers coming in for the past month right above it

Now based on the spreads between bonds and $USO $OIL crude oil, along with $DXY dollar are set up right now, we think that this is a similar scenario to October 2023

Where a $SPY $QQQ $IWM equity decline might be underway, as well as a divergence between bonds and  gold / oil ☕️
#tlt
#TLT #TNX #USO #OIL #DXY