#TLT approaching long-term channel support

15 Eyl 2022

Starting to get interested in US bonds here... If you look at this chart since 2023 using fibonacci channels and uptrend support.. we could well start to see a bid in Bonds here. Also note that the weekly RSI is starting to show signs of divergence here which could be warning of a rally to come.. We could still flush down to 103 but i think i would start building a long term position here with a view to add as we move lower

12 Eki 2022

Not

Market bearly attempted to hold the $103 level which is concering.. now tampering with the psychological $100 level. Bulls will want to hold this level to keep this bid