TLT ready to pullback
TLT is forming what looks like a bear flag on daily and getting ready to pullback.
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It did gap above the wedge. Here is 1 hr chart: Now have to see if weekly closes above it as well.
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TLT returned back into the wedge. Now it's up to Fed comments on Wednesday.
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TLT broke out from the wedge. Now it is trending in this channel:
Weekly still looks bearish unless we break above 94.