Not really diverged
TLT is going higher, slowly but surerly. Since the big drop in the beginning of bloody October TLT has found strong support and formed a wedge. It is a rather medium-term opportunity than short-term. For now it seems so be bouncing off the upward-sloped trendline and we may see an end of this move in the range 114.74 - 115.
Although it still may go a few days sideways and touch the trendline with a bar
Although it still may go a few days sideways and touch the trendline with a bar
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.