$TLT - SAFE HAVEN -
Added 2024-08-02 11:31:01 +0000 UTCIn the Learning Centre, in Collections we have a lesson on the correlation between $TLT and the US 10 YEAR, when one declines, the other rises and vice versa.......so we can see that the US 10 YEAR is sinking right now and Bonds are rising exactly to the same proportionate
This is the perfect safe haven.
Our chart reflects this.
As the US 10YR drops, our impulse wave continues to rise in Wave 3.
$TLT offers a place to preserve your capital and make a comfortable return and will beat the market and give you a 3.5% dividend return during this period.
Comments
Looks like it’s hitting wave 3 now in the PM
Brian
2024-08-02 12:32:36 +0000 UTC
