TLT Inverse Head & Shoulders
Updated
I was too busy singing the Bull Blues yesterday to notice.
Today had flipped upside down to form a 15m Inverse Head & Shoulders on TLT.
Price target is 102.13
I was worried all hope of a bullish start to the new year was lost.
Jan 10 will be the next date to put on on my Calendar.
Today had flipped upside down to form a 15m Inverse Head & Shoulders on TLT.
Price target is 102.13
I was worried all hope of a bullish start to the new year was lost.
Jan 10 will be the next date to put on on my Calendar.
Note
Stocks may just dance the tango with DXY for awhile longer.Note
May have called this one too early.I apologize. I usually wait until after a H&S has the neckline tested before posting.
The shoulder is still in play if we have a positive day today.
Note
This inverse structure continues to retrace.Pushing through the upper regression trend may prove difficult this week.
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