Pullback on TLT eyes 100 daily MA
Pullback on TLT eyes 100 daily MA ~92
Sell-off continuing down to recent support
If TLT loses the 200 DMA (red) will likely continue on down to 100 DMA (orange)
Lines up nicely with the .50 fib
~8% pullback
Average daily volume has surged from 24 to 54 M shares - big money entering at these levels
RSI & MACD heading down for a few more days, all signs currently pointing downwards
Sell-off continuing down to recent support
If TLT loses the 200 DMA (red) will likely continue on down to 100 DMA (orange)
Lines up nicely with the .50 fib
~8% pullback
Average daily volume has surged from 24 to 54 M shares - big money entering at these levels
RSI & MACD heading down for a few more days, all signs currently pointing downwards
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