TLT is bearish in the intermediate term; recovery requires no new yearly low and a move above 83.25, otherwise only a bounce within a downtrend.

The bonds, the bonds just got you know, they were they were getting hammered, and what I think happened in there is the Treasury Secretary said, "Let the shorts feel comfortable for a few days, then we'll go in and say something, and we'll we'll try to torch the short sellers."

Which they did, but then other people came back in and said, "Wait a minute, why did we cover our shorts? Let's add that short back on." Or are those shorts added to it?

It's very difficult to top talk the market into doing what you want it to do. This is the prior you know, prior low that became resistance once again. In order for these bonds to show any real signs of recovery in the intermediate term, they're going to have to not make a new low for the year, and they're going to have to get above 83 and a quarter.

If they do that, then this might end up being a higher low in here, and then maybe you get a bounce. Operative word is bounce, because it's in a downtrend.

It might get a bounce up towards that 50-day moving average. But bonds are just, you know, plain ugly. That There's There's no other way to look at it.