9.9 C
New York
Sunday, May 5, 2024

Attempting to score on defense…Govt. Bonds

Courtesy of Chris Kimble 

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TLT has rallied just short of 5%, from the bottom to the top of the falling channel. TLT is at the top of the falling channel as the Dollar is up against key fibonacci resistance (see post here) and the 500 is on key support, while the VIX is up against resistance (see post here).

Game Plan…Attempt to score on defense, again. Picking up TBF, with a 2% stop.

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