Based on my dowsing method, the guidance is that TLT has made a peak for a bigger reversal. 2 symmetry resistances have held today and the idea is wrong with a close above those levels.
I'll update this idea with a target after the move down.
It's interesting that this idea is in alignment with the GLD idea, which makes me wonder if indexes are going to finally get it together. I think TLT and GLD are easier trades than indexes, however.
I'll update this idea with a target after the move down.
It's interesting that this idea is in alignment with the GLD idea, which makes me wonder if indexes are going to finally get it together. I think TLT and GLD are easier trades than indexes, however.
Trade closed: stop reached:
Aint happenin' yet. Markets still in turmoil!