$TLT - SAFE HAVEN -
Added 2024-01-26 22:33:29 +0000 UTC$TLT has been working its way down through the Fib levels and for me, it has not found support just yet and has also lost the 50 and 200 MA....which is a good thing, because we want this to come down lower in order to add as we consider it a safe haven when the market corrects.
The 0.5 Fib at $91 is of the highest interest for me, it is at the blue line which was a previous support line in Oct '22....so this would be a strong confluence level and an area to consider starting a position.
My Wave C target has not changed at $110.
Comments
do you have 2-3yrs picture for TLT?
Ming
2024-01-29 00:43:15 +0000 UTC
