As expected, 
TLT met with strong resistance and has backfilled the gap. It is most likely to break through the 200-day moving average (200DMA) resistance on the next attempt. Many hedge funds are shorting long-term bonds, which could create a short squeeze scenario.
TLT met with strong resistance and has backfilled the gap. It is most likely to break through the 200-day moving average (200DMA) resistance on the next attempt. Many hedge funds are shorting long-term bonds, which could create a short squeeze scenario.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.