Quote from deadbroke:
we gots a breakout bar slamming right into the 61.8% fib resistance. Will it bust thru'?![]()
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..... we'll give it more time to see if the 2 supports shown as 161.8% and 78.6% actually do have staying = support power .... in any event the trendline I had marked is also bested. But we need to get above 2.86 for me to have a shot at being right for the haul instead of just fleetingly.


Quote from deadbroke:
Does TLT aka PRICE know the trendline is there? You're damn straight!
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Quote from deadbroke:
They be brother and sister, so there is plenty of resemblance ...
behold the 30-yr T-Bond Yield
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Quote from deadbroke:
Everything is going right with the TLT short but a couple things don't smell right - a major m.a. upside cross has occurred and .... downside volume is not convincing for a wave 3. Not yet anyway. Also only 3 downwaves thus far, so upto this point the trend is still up.
What I would do is to TP/reverse on 1H at the first sign of downside stalling.
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Quote from deadbroke:
Everything is going right with the TLT short but a couple things don't smell right - a major m.a. upside cross has occurred and .... downside volume is not convincing for a wave 3. Not yet anyway. Also only 3 downwaves thus far, so upto this point the trend is still up.
What I would do is to TP/reverse on 1H at the first sign of downside stalling.
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