TLT Seemingly trading higher.
TLT ETF seems to be in a good place to trade higher.
Fundamentals back the technicals which is a really sweet spot for this particular ETF with the 20yr TB's.
Expect a rise out of it over the coming weeks back to the previous highs and beyond but only look to "hodl" should price provide us with a bull breakout of the AP which is the previous weekly highs.
If price rejects the highs then we suggest staying clear until the breakout takes place on the proviso you would have already removed any potential risk exposure previously accumalated.
Fundamentals back the technicals which is a really sweet spot for this particular ETF with the 20yr TB's.
Expect a rise out of it over the coming weeks back to the previous highs and beyond but only look to "hodl" should price provide us with a bull breakout of the AP which is the previous weekly highs.
If price rejects the highs then we suggest staying clear until the breakout takes place on the proviso you would have already removed any potential risk exposure previously accumalated.
Penafian
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