$TLT yieaahhh

liking TLT here.

This is a monthly chart fyi

1. Forming nice head and shoulders knees and toes
2. RSI and price divergence since 2023
3. just bounce of a strong line of support last 2 months


My gut says if we break the resistance at current price, we can go quickly to $94.

Medium term, $120 will act as a magnet with the lack of volume between current price and that area.

Long term aiming for the green dotted line for the middle of the channel, but hey I ain't got no patience.

Playing for the $94 and then hopefully $120 comes fast.

This asset tends to do good when there is market turmoil, at least it has done it in 08, and covid. Just putting this out there while wearing my tin foil hat of cheap aluminum.

yieaahhh