SamSuka
The Long Investor
The Long Investor

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$TLT

$TLT has so far found support on the final fib support level at 0.887 and has bounced back up to the 0.78 Fib level now and looks set to continue moving back up to at least test the 50 Day MA which is at the 0.618 Fib now

This would mean that the US 10 YR would need to continue pulling back for this to happen and retesting its breakout level.

This would certainly help the market move higher if this scenario can play out.

I think in terms of Risk v Reward, $TLT as a long term safe haven add is a sensible reward here.

$TLT

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