$iShares 20+ Year Treasury Bond ETF (TLT.US)$ Until this c...
$iShares 20+ Year Treasury Bond ETF (TLT.US)$Until this confirms below ~105.35 (the main trendline I've shared in multiple videos) I have been hesitant to get back into a TLT LEAPS call. Looks like we're close, and TLT is currently touching the main resistance line in yellow that I shared last night. There are two ways of interpreting this as a H&S. One, with a horizontal trendline. The second, with a diagonal one. The pattern target would be largely unchanged though.
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Derpy Trades
OPManiac Fool
:
This is the chart of DXY, which tends to have a strong inverse correlation with TLT. Unfortunately, Moomoo doesn't have access to DXY yet so I took a screenshot from a separate platform.
Derpy Trades
OPManiac Fool
:
Hey! Please check out the weekly market analysis video that I just released. I shared updated insights on TLT and what's going on with DXY there.
Maniac Fool : Is this TLT?
Derpy Trades OP Maniac Fool : This is the chart of DXY, which tends to have a strong inverse correlation with TLT. Unfortunately, Moomoo doesn't have access to DXY yet so I took a screenshot from a separate platform.
Maniac Fool Derpy Trades OP : Noted with thanks
Maniac Fool : Any updates to TLT after Friday trade?
Derpy Trades OP Maniac Fool : Hey! Please check out the weekly market analysis video that I just released. I shared updated insights on TLT and what's going on with DXY there.
魔群月光 Derpy Trades OP : You can find dxy on moomoo by searching “USDindex”.
Derpy Trades OP 魔群月光 : Awesome, thank you so much!