$TLT
Added 2024-07-05 13:58:03 +0000 UTC$TLT has had a tough few days this week and pulled back quite aggressive earlier in the week and lost the 50 and 200 Day MA, we watched this closely and have been waiting for a reaction and so far we are seeing a positive one, with the price back up above its 50 & 200 Day MA and the blue line at $92, price needs to stay above this level now and start showing its strength again, as it did in June.
The price action under this important support/resistance blue line at $92 would show weakness, which is why I believe the bulls came out to try and recapture this line.
Impulse Wave remains valid here.
