$TLT is screaming oversold across every timeframe. Daily RSI just hit its lowest level in 3 years. Weekly RSI? Lowest in 3 years. Monthly RSI? Also lowest in 3 years. Quarterly RSI? You guessed it—lowest in 3 years. And the yearly RSI? Lowest ever recorded.
This is extreme capitulation in long-duration Treasuries. When every single timeframe from daily to yearly is showing historic oversold readings, you're either looking at a generational shorting opportunity or—more likely—a massive mean reversion setup brewing.
Bonds have been getting destroyed as the market reprices rate cut expectations and inflation stays sticky. But multi-timeframe RSI extremes like this often mark exhaustion points. If you're a contrarian, this is the kind of setup that gets interesting fast. Watch for any stabilization or bullish divergence—could be the start of a violent snapback rally in bonds.
This is extreme capitulation in long-duration Treasuries. When every single timeframe from daily to yearly is showing historic oversold readings, you're either looking at a generational shorting opportunity or—more likely—a massive mean reversion setup brewing.
Bonds have been getting destroyed as the market reprices rate cut expectations and inflation stays sticky. But multi-timeframe RSI extremes like this often mark exhaustion points. If you're a contrarian, this is the kind of setup that gets interesting fast. Watch for any stabilization or bullish divergence—could be the start of a violent snapback rally in bonds.