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AdamParmer

TLT hitting a double resistance point

Short
AdamParmer  
AMEX:TLT   None
TLT bonds ETF fib fibretracement 200daymovingaverage Moving Averages Support and Resistance interestrates
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tlt bonds etf fib fibretracement 200daymovingaverage movingaverage supportandresistance interestrates
With speculation over interest rates, TLT is hitting a ceiling for a second time.

The .382 Fib line (in yellow) is prominent and the presence of the 200-day moving average (black moving average) make up a double resistance level.

For a little more analysis and news check out our website! ht.ly/QISg0

Cheers,

Enhancing Capital Team
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