TLT is at a level of previous support. I see two likely options from here
1. TLT heads higher, this would suggest the longer term downtrend has ended 2. TLT heads lower, I will be looking for this setup for the rest of the day. Right now there is a longer term downtrend and I would prefer to trade with it.
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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.