TLT may find resistance at the 123 level and trade in the 116-123 range for several months, completing a reverse right shoulder. A push above the 123 level could see the top of a downward channel at 126.
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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.