I am really liking the set up on the TLT and TMF charts right now.....with the TMF ETF a 3X leveraged position.
Pulling back perfectly to the 0.618 Fib at $49 in a bullish descending wedge.....this is everything we want to see in a pull back.
Bulls need to hold the 0.618 Fib.
A hold here and this is a Buy.
Tony Li
2024-03-21 09:41:13 +0000 UTC