$TLT - SAFE HAVEN -
Added 2024-11-29 11:11:57 +0000 UTC$TLT is at a very important now in the PM.
Price has managed to hold a higher low support on the 0.78 Fib at $90 and has bounced back up to the 50 and 200 Day MA, which are at the exact same point at $93.70 in the PM.
This point is also back in the ascending triangle too.
So a break and hold above $93.70 and Bond Bulls have showed a lot of strength and a move up to the Wave C target at $110 looks next.
Rejecting at this confluence level can mean another retest of $90 is next.
