The ETF TLT which is made up of long term US government bonds has been in a bear market for a couple of years.
It is now reaching lows which are at inflection points that could trigger a reversal.
Both Fib golden ratio and long term volume support as well as the bottom of a long term channel could be reached very soon.
If this long term dip gets bought it would also indicate a change in the trend of long term yields which also could trigger significant moves higher in the Nasdaq.
It is now reaching lows which are at inflection points that could trigger a reversal.
Both Fib golden ratio and long term volume support as well as the bottom of a long term channel could be reached very soon.
If this long term dip gets bought it would also indicate a change in the trend of long term yields which also could trigger significant moves higher in the Nasdaq.
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