$TLT Rising Channel or Bear Flag?

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Is it time to invest in TLT? It looks positive to me. With inflation cooling down it looks like bond prices could increase, which means rates are lower. We do have a Fed Meeting coming up so there could be more volatility depending on the “Feds” messaging.

I am taking this long today with a ½ size position. I will place my stop just “below” yesterdays low of $85.46. I am going long because I see a series of higher lows and higher highs. And I have a well-defined risk level of about 1% to know if I am wrong.

If you like this idea, please make it your own. Make sure you follow your trading plan.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.