TLT has multiple climax bottom signs:
* Precipitous drop: 23% in 60d.
* Exhaustion gap.
* Gigantic volume.
* Extremely extended from MAs.
Expect a reversal in the short term. May bode well for the equity market.
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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.