Short

TLT at the top of a range?

We are seeing TLT trade near the top of a custom range. We wrote an indicator to add 2x Weekly Average True Range and we have found that channeling securities like to live in this area. We are looking for TLT to move a little lower, especially with RSI peaking around 65.

You can get more details on our market snapshot!

Cheers,

The Enhancing Capital Team
bondsfibFibonacciFibonacci RetracementRelative Strength Index (RSI)Support and ResistanceTLT

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