/ZB (30-yr Treasury bond futures) has just hit the second price target (T2), following the recent hit & typical/tradable bounce off the first price target (uptrend line). Remember, although TLT is the sister trade (alternative proxy for shorting the long bond), as a futures contract that trades virtually around the clock, /ZB will often have additional or different trendlines & price support levels that don’t exist on the 9:30-4 pm trading TLT. Previous & updated 60-minute charts below.
ZB 60m Oct 22nd
ZB 60m Oct 30th