$iShares 20+ Year Treasury Bond ETF (TLT.US)$ The lines fit ...
$iShares 20+ Year Treasury Bond ETF (TLT.US)$ The lines fit better on ThinkorSwim, but I would venture to say this is a well-defined, descending channel. Has to break and hold above the resistance line or it's going to continue down. Derpy Trades
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Just a dude highly interested in the financial markets who wants to share helpful info along the journey.
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CWX : Is it possible to drop to 90?
Derpy Trades OP CWX : Based on my chart, if it continues down it will meet a main trendline around 90.50 to 90.60. If that line acts as support we should at least see a decent DCB from there. I am keeping a close eye on DXY, because if it continues up towards at least 108 I suspect it will be strong headwinds for TLT as well as the overall market. Best of luck! If you haven't already, please consider subscribing to my YouTube channel and/or follow me on X or StockTwits at DerpyTrades.