Rising wedge or 10 yr, falling wedge on TLT 🤔.
Just like the TLT retested it's wedge breakout, the 10year yield on friday retested its rising wedge support. Technically from here we should see a pullback. There is a gap at around 3.82 that would be my first target on a gap close .. only if we break below 3.8 would I consider it a trend reversal..
Just like the TLT retested it's wedge breakout, the 10year yield on friday retested its rising wedge support. Technically from here we should see a pullback. There is a gap at around 3.82 that would be my first target on a gap close .. only if we break below 3.8 would I consider it a trend reversal..
