TLT is currently at the Warning-Line of the white Fork.
We can see how price reacts to the Center-Line.
A classical retest that played out textbook like.
Then the same at the BASE Line of the Action/Reaction Set.
If TLT cracks the WL, then the next stop would be the Reaction line.
All this is in line with the destroyed Bond Market.
And that's the reason why I would short TLT on a rebound.
Peace4Theworld
We can see how price reacts to the Center-Line.
A classical retest that played out textbook like.
Then the same at the BASE Line of the Action/Reaction Set.
If TLT cracks the WL, then the next stop would be the Reaction line.
All this is in line with the destroyed Bond Market.
And that's the reason why I would short TLT on a rebound.
Peace4Theworld