benjihyam

One more low for $TLT before we see a rally -$88 target

Short
NASDAQ:TLT   Ishares 20+ Year Treasury Bond ETF
Unless price can break resistance here, we're just seeing another lower high. This sets up $TLT for one more move lower.

I think price is likely to retrace from here and take out the recent lows-- then we should see price bottom in the $88 range.

Let's see how it plays out from here.

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