TLT rushed to 92 again
Due to recent weak economic data, TLT once again rushed to the important position of 92. The last time I touched it, it fell off; this time I'll see if it can stand steady.
This Friday is the key. Once it stabilizes, TLT will get out of the bear market. After that, if it breaks through 95 upward, it is basically certain that it will return to the bull market. If it hits 100, it must be a bull market. At the macro level, it can also be predicted based on this, that it must be a weak economy+a decline in inflation.
However, if TLT enters a bull market, this is not a good thing for US stocks.
I haven't entered yet. Don't worry, wait until we enter a bull market; at least stand firm at 92 before I consider it.
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