$TLT - SAFE HAVEN -
Added 2024-06-13 14:28:37 +0000 UTCWhen the US 10 YR moves down, $TLT (Bonds) move higher, I have a lesson on this in the Collections folder.
Very nice movement here from $TLT, held support between the 0.618 - 0.78 Fibs and bounced, reclaimed the 0.618 Fib with a retest and bounced again, now above the 50 and 200 Day MA and above a critical support level, on our blue line.
This chart has not changed in over a year either, Wave C target remains at $110.
$TMF will follow this projection exactly too.
Comments
Thanks a lot!
Thomas Brandt
2024-06-13 17:07:52 +0000 UTC
