$TMF - WATCHLIST -
Added 2024-03-06 22:32:23 +0000 UTCThe 3 X leveraged 20 - YR Treasury is up 15% since its hold of support between the 0.5 - 0.618 Fib on the 20th of Feb.
If you feel like you have missed out on this already, do not be too concerned, the real moves start coming in when the 200 Day MA is flipped, right now it is at $59.70 and we can see that it rejected at this line in the middle of December '23.....and it was a resistance level in March and April, so bulls needs to flip the 200 Day MA to support.....if they can achieve this, the reversal is on and my Wave C target is possibly at $103....so you are still early.
Comments
Support above the 200 Day MA.
Gareth Neary
2024-03-06 22:38:05 +0000 UTCResistance need to be established above 200ma?
Shannon Cooper
2024-03-06 22:34:49 +0000 UTC
