Following TLT -
I looked at the candlestick formation on the monthly chart and given historicl statistics we apparently have a little bit over 50% chance of a reversal of the downward trend we have experienced so far. If this is the case, we could see $126 over the next 4 weeks based on my calculations.
I would be interested to see if you have the same views.
I looked at the candlestick formation on the monthly chart and given historicl statistics we apparently have a little bit over 50% chance of a reversal of the downward trend we have experienced so far. If this is the case, we could see $126 over the next 4 weeks based on my calculations.
I would be interested to see if you have the same views.
Comment:
Might also see a retest of the low....
Comment:
well... this thiings is getting interesting. MAy need to stay in my trade much longer than previously thought