AMEX:TLT   ISHARES 20+ YEAR TREASURY BOND E
94 0 1
When market started to plunge for the 1st 30 mins, this safe haven bond had a breakout of the accelerated channel. Since channel are valid at least 70-75% of the time IMHO, the price was rejected at the way down to the channel top.

My projection:
Market will have another pseudo plunge again, simultaneously, TLT             price will make another attempt to break through the upper channel, IF rejected again, i foresee a retracement at least back to channel bottom and then continue to rise through the channel which means market will have a short rally and then have 2nd leg of plunge (Path 2)

Or if the price of TLT             retraces and break down, then new evaluation will have to be conducted. This would also mean that market will have stronger bounce back rally.

But there is an upside resistance for TLT             to break through, 127-132.

English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out