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Wednesday, April 24, 2024

TLT testing key short-term support.

Courtesy of Chris Kimble

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TLT has rallied off of support and broke above its falling wedge at (1), with a test of its new rising channel support line taking place at (2).

Game Plan…Remail long TLT after a purchase at (1).  Will “harvest” the TLT position on a break of support at (2) by 1%.

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