Short

TLT hitting a double resistance point

With speculation over interest rates, TLT is hitting a ceiling for a second time.

The .382 Fib line (in yellow) is prominent and the presence of the 200-day moving average (black moving average) make up a double resistance level.

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Cheers,

Enhancing Capital Team
200daymovingaveragebondsETFfibfibretracementinterestratesMoving AveragesSupport and ResistanceTLT

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