TLT 6 Hour Candles. Breakout for Bonds? - Fib and MM Targets
Bonds appeared to break out of a flag consolidation pattern today in the TLT Bond ETF. If this fund can close over 115.50 there is upside range to 117.50 and then ~119 as next target. This seems to be coinciding with US Dollar chart firming up as well as the VIX index closing over the key 14 level.
This is a key chart to watch over the coming days and weeks.
This is a key chart to watch over the coming days and weeks.
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