$TLT - SAFE HAVEN
Added 2024-08-08 11:08:02 +0000 UTC$TLT has let off some steam over the last 2 sessions after bursting out of its wedge when the US 10 Year started to drop.
Wave 3 I believe is complete now after rejecting at the yellow resistance line and we are seeing a pull back for Wave 4 now.
Right at the 0.38 Fib it has bounced but this would be a fast Wave 4 if compete, so I suspect Wave 4 is not complete just yet.
Wave 5 is at the 2.618 Fib at $101
Comments
What is the yellow resistance line based on?
MK
2024-08-08 11:18:34 +0000 UTC
