This big fork seems to catch the extremes and center of the Bonds.
Centerline is reached and the potential that it will bounce from there is really high.
If I would want to play this underlying, I would switch to TLT...
P!
Centerline is reached and the potential that it will bounce from there is really high.
If I would want to play this underlying, I would switch to TLT...
P!
Note
I examined TLT and it looks like it will fall more...If we change the B point of the fork back to the low of the Gape'd Swing, we get a similar scenario...hmmmm....sitting on hands and observe it.
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🔱 WHY FOLLOW & BOOST ME? 🔱
✅ Your greatest BENEFIT: learn to make money
✅ My GIFT to you: earn while learning
✅ Your best INSIGHT: wins & losses go hand in hand
👉 YT: youtube.com/@howtochart
👉 Web: HowToChart.com
✅ Your greatest BENEFIT: learn to make money
✅ My GIFT to you: earn while learning
✅ Your best INSIGHT: wins & losses go hand in hand
👉 YT: youtube.com/@howtochart
👉 Web: HowToChart.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.