The TLT (20-30 yr Treasury bond ETF and/or /ZB futures) active swing trade has hit & sliced below T2 in the pre-market session for a 10%+ beta-adjusted (5% non-adjusted) profit. Consider booking partial or full profits and/or raising stops, according to your trading plan. T4 remains the final target as of now although TLT is very oversold on the 60-minute time frame, increasing the odds of a bounce before the next target(s) are hit. 60-minute chart below.
/ZB TLT 2nd Price Target Hit 10-4-24
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