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Bonds near reverting its downtrend, $TLT
Ishares 20+ Year Treasury Bond ETF
Long
Bonds near reverting its downtrend, $TLT
By dpuleo19
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Apr 7, 2023
3
Apr 7, 2023
The 20-year bonds ETF is near a key breakout level that should confirm a new uptrend in bonds.
This should be followed by a breakout above 4,100 in the
SPX
.
Just look a the bullish divergence between the MACD and the price of
TLT
, its a very good signal.
Let's wait for the breakout and follow through.
bonds
breakout
Divergence
Technical Indicators
SPX (S&P 500 Index)
TLT
Trend Analysis
dpuleo19
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