Election Day

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Bonds – TLT Cycles

• TLT is due for a short-term bounce → A pullback in long bond yields. 

• I guess that the financial press will explain the expected pullback in yields with election results.

• If TLT does not rally in the next few weeks, it can be one example of fundamental news overriding cycles; sometimes it happens.

TLT Elliott Wave Analysis

• My EW count alternatives also call for a few weeks of TLT bounce. 

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