$TLT - SAFE HAVEN - WATCHLIST -
Added 2024-02-10 16:49:48 +0000 UTC$TLT is an option we are looking at strongly to protect our equity when the market starts its correction.
The chart has been doing exactly what we have expected of it and this is always what we want to see....predictable movements and respecting the Fib supports
I would like to see this move down a little more to the 0.5 Fib or 0.618 Fib and this is a buy signal for us once support is held.
Rejection at the 200 Day MA is showing us that the pull back is not complete yet, especially as equities push higher.
Please keep this on your watchlist.
