Many times it tried to rebound but then Trump did something stup*d. Let’s see if he will again.
$TLT just broke the 50 SMA and nobody noticed.
Also, back above the gap. It's been slowly cooking here… pic.twitter.com/pzLPi5TPte
— Fibonacci Investing⚡️ (@FibonacciInves1) July 21, 2025
The bond market just made a move that slipped past most screens. TLT, the iShares 20+ Year Treasury Bond ETF, broke above its 50-day simple moving average on July 21. The level sat near 86.20.Price closed at 86.14 with intraday highs reaching 86.51. That’s not noise. That’s a technical shift.
Over 30,270,000 shares traded.That’s above the 20-day average.The move also reclaimed the June gap zone between 85.50 and 86.00. That gap formed during the June 12 CPI release. It held for weeks. Now it’s filled. Price is back above it.
The 10-day moving average crossed above the 50-day on June 24. That’s a bullish crossover. It’s held for nearly a month. The Aroon indicator flipped to uptrend on July 21. That signal has a 78% continuation rate over the next 30 days based on historical data.