TLT monthly massive H&S
Watching this…H&S on the monthly, price target bottom TL What does it mean boy and girls?
Log scale–
Weekly Bollinger band crash to the upside, this should roll soon
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Likely TLT continues to rise. I do not see that potential H&S playing out….especially since there is no more price discovery.
For the current debt based monetary system, it needs zero and negative interest rates to survive….so bonds will be managed higher.
When this all unwinds, it will be biblical.
In my post Tues. I said my target which was the gap at 148 had been achieved. I rechecked the chart and see I missed another gap at 150 which has been filled this morning. Like I said in that post “I have no idea what happens from here” but the chart objectives have been reached.