I'm not sure about that, but remember my monthly TLT chart and
comments: TLT is in a secular bear market now, but things move in
waves, and TLT has declined in a 5 wave structure for 3 years now -
if there's a trade low in place now and that wave 5 completes, then
I would expect a counter trend ABC rally that lasts at least a
year
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I'm not sure about that,
TLT lod
Posted by matt on 3rd of Nov 2023 at 04:02 pm
I'm not sure about that, but remember my monthly TLT chart and comments: TLT is in a secular bear market now, but things move in waves, and TLT has declined in a 5 wave structure for 3 years now - if there's a trade low in place now and that wave 5 completes, then I would expect a counter trend ABC rally that lasts at least a year