Panjang
TLT: Potential long term uptrend start
Title says it all, and I believe the technical chart speaks volumes about this rally's potential.
It's very early to confirm a monthly uptrend but daily and weekly look great.
My EW analysis of the move implies this is the start of a C or 3 wave, aiming for 148-151 at the very least.
I came up with the chart after discussing this and other interesting topics at the Key Hidden Levels chatroom, definitely a great place to hang out and chat with insightful traders, with Tim West's invaluable remarks and charts as the center of attention.
I'll add a daily view in the comments, market buying isn't the most efficient entry here.
Cheers,
Ivan.
It's very early to confirm a monthly uptrend but daily and weekly look great.
My EW analysis of the move implies this is the start of a C or 3 wave, aiming for 148-151 at the very least.
I came up with the chart after discussing this and other interesting topics at the Key Hidden Levels chatroom, definitely a great place to hang out and chat with insightful traders, with Tim West's invaluable remarks and charts as the center of attention.
I'll add a daily view in the comments, market buying isn't the most efficient entry here.
Cheers,
Ivan.
Nota
This isn't valid anymore. I changed my wave count.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.