$TLT Testing Rising Support 4 times

iShares 20+ Year Treasury Bond ETFNASDAQ

Description

⋅ Dec 3, 2019 4:17 PM

This trend line in TLT has held 4 times since late-'18, the last time crossing at horizontal support. RSI remains positive with a breakout & retest. This is one possible wave count, but rising support is key here.