This chart is part one of two.
I wish to show you the INVERSE relationship of falling yields and the bullish pattern in-TLT.
(The chart for-TLT published next).
There is a lot of down-side pressure in this chart.
A falling Ichimoku cloud , a sinking 89 day moving average , and a regression trend channel that is solidly DOWN.
In my opinion the 10 Year T-Note yield will soon sink to 1.40, then 1.25.
This should fuel-TLT to continued bullish highs.
Good luck to you. Don.
I wish to show you the INVERSE relationship of falling yields and the bullish pattern in-TLT.
(The chart for-TLT published next).
There is a lot of down-side pressure in this chart.
A falling Ichimoku cloud , a sinking 89 day moving average , and a regression trend channel that is solidly DOWN.
In my opinion the 10 Year T-Note yield will soon sink to 1.40, then 1.25.
This should fuel-TLT to continued bullish highs.
Good luck to you. Don.
