This ETF gives European or Euro account holders exposure to $TLT, it is not moving exactly at the $TLT but a very similar bullish set up.
Wave 2 held on the 0.618 Fib at 3.06
Moving in an impulse wave
Price is now above the Wave 1 high at 3.38
The most important factor here is where the 1.618 Fib is, at 3.8, which is exactly at the blue line, which was a support/resistance level in 2022-2023
I suspect this blue line will have no issue reaching over the next few months to complete Wave 3.
I have just started a position.
Nick E
2024-09-18 07:08:38 +0000 UTCKarnick
2024-09-17 13:11:20 +0000 UTCKevin
2024-09-17 12:34:55 +0000 UTCKevin
2024-09-17 12:30:51 +0000 UTC