With gas buddy now falling, the best buy zone will be a rebound starting 1.5-2mo from now.  With FM on Jun 18, rebound should start Jun 18-25. The VIX and GHA will indicate which day.

As ccpi is nowhere near 2.0, TLT is not a major play. A small rebound may occur at end of this month if gcpi reports 2.0 although I will wait for the SPY rebound starting Jun 18-25. I anticipate no play for TLT this year as ccpi won’t approach 2.0.  When QE is shutoff in October, the market may correct 10% in Nov but Fed will quickly pre-announce/hint a new round of QE.