$TLT continues to look very strong here.
Held support in its pull back between the 0.618 Fib and 0.78 Fib in April (higher low)
Back above the blue support line at $91
Above both the 50 and 200 Day MA
Moving higher in a positive impulse count, in Wave 3.
Forming a small bullish wedge over the last week
Wave 3 target at the 1.618 Fib is looking good over the next 2 weeks.
Solid Safe haven here, we are seeing Gold, Silver, Commodities and OIL performing well lately.....as $NVDA looks to unsettle the market.
Ali Olgun
2024-07-01 19:57:57 +0000 UTC