Bonds create large bearish wick (reversal pattern) at resistance
Below looks at Government Bond ETF TLT over the past 10-years. CLICK ON CHART TO ENLARGE For the first seven months of this year, TLT rallied strongly. This rally took it to the top of its 10-year rising channel at (1), where it tested triple resistance, as momentum was reaching levels not seen many times … Continue reading Bonds create large bearish wick (reversal pattern) at resistance
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