Been following $TLT for awhile now. $TLT is now approaching its next major resistance line at 122.95. If $TLT is able to break this resistance and maintain momentum, I predict that it may continue to rise to 126.54. Prior to breaking the 122.95 line, there may be a retrace down to 120.15 to be cautious of.
Comment:
$TLT is struggling through resistance and following a rejection. It possible that market increases today may push the ETF through this resistance line.