TLT
Added 2023-12-13 18:06:11 +0000 UTCLike the US 10 Year aboUT to hit the 200 Day MA from above, TLT is about to hit the 200 Day MA from below.
I suspect when they both hit their respective 200 Day MA, there will be a relief bounce for the 10 Year and a pull back here for TLT.
i have added in the white fib levels to show where support is, the 50 Day MA is moving up from the 0.618 Fib now so this is worth watching for a confluence level with one of the Fib levels.
Breaking above the 200 Day MA would be extraordinary and very bullish for TLT....but I think a pull back is due next.
Comments
@gar pls check DM, thanks
faizan baig
2023-12-13 18:35:56 +0000 UTC
