TLT is technically weak with downside momentum; considered a poor trading vehicle due to slow movement.

the TLT, which is the my kind of go-to uh ETF for the the long end of the the the Treasury yield curve, has been getting destroyed. Rates have been going through the roof.

So, so the TLT chart looks abysmal. It It looks terrible. Um, I mean, this thing has has broken down. It's got downside momentum. I thought that Thursday's low was going to be a very real low for this thing.

And we're already retesting Thursday's low after getting a day and a half bounceback that didn't even fully get to the ADMA on the daily chart. I mean, that that that's as weak as we can get.

Um, I don't like to trade the TLT. I'll throw that out there. I don't like to trade bonds. Um, I I just I find that TLT itself just it's not a great trading vehicle. It moves really slowly.

I think that at certain points you can look for extension snapback longs. I didn't take the trade myself, but on Thursday I I I called for it. I said, you know, this is probably probably the time here now on day uh seven, the day seven massive gap down where you can look for like an RDR type of trade and come in the other way and look for a snap back to the ADMA on the daily chart.

I think that you can look for those for trades. Um otherwise, I I don't really want to be involved in it.