Bonds

TLT Is Coming Impulsively Higher As AnticipatedAug 1, 2024

We have been talking a lot about bullish setup formation on Treasury bond TLT in the last couple of months. We also shared a free chart on April 26, where we mentioned and highlighted key support within an A-B-C corrective decline. CLICK HERE

TLT Is Coming Impulsively Higher As Anticipated TLT 4H Chart From April 26
TLT 4H Chart From April 26

Later on May 16, TLT nicely bounced after we spotted a completed A-B-C corrective decline. With a break above channel resistance line, we were pointing for a new impulsive rally that can send the price back to yearly highs and 100 area. CLICK HERE for an article from May 16th.

TLT Is Coming Impulsively Higher As Anticipated TLT Daily Chart From May 16
TLT Daily Chart From May 16

As you can see today on August 1st, TLT is grinding impulsively higher and there is plenty of space to complete a lower degree five-wave bullish cycle towards yearly highs and 100 area, just be aware of short-term pullbacks.

TLT Is Coming Impulsively Higher As Anticipated TLT Daily Chart From August 01
TLT Daily Chart From August 01

Become a premium member

Get daily Elliott Wave updates for SP500,DAX, GOLD, SILVER, CRUDE, FX, CRYPTO, etc. or apply for unlimited access to the Elliot Wave educational videos.

Register and look inside of our members area

Forex

USDJPY May Face Resistance, At Least Temporary One

Read More

Funded Trader Program
20% off discount
code: OCT20

Trade our money and collect the profits.

Read More

Learn Elliott Waves

Access to more than 7 hours of educational material

Read More

Bonds

US Yields Could Slow Down The USdollar

Read More

Do you find this interesting? Subscribe to our newsletter and stay up to date.

In our newsletter you will find all the news and macro reports about Forex, Crypto, Commodities and more. Don't miss a thing!

    DISCLAIMER

    Any reviews, news, analysis, prices or other information contained on our website is provided as general market commentary and delivered electronically through a distribution channel to larger number of clients, therefore does not constitute investment advice or investment research. We are not trading advisors. Most of our work is for educational purposes only, with information based on Elliott Wave theory in real time. Trading forex, futures, options, stocks, cryptocurrenices or any another trading market carries a high level of risk, and may not be suitable for all investors.

    The possibility exists that you could lose some or all of your initial investment; therefore you should not invest money that you cannot afford to lose. Our website and the information that we provide should not be relied upon as a substitute for extensive independent research before making your investment decisions. In no event will we be liable for any loss or damage on your account in connection with, the use of our products. For any real cash investments you have to contact your financial advisor.

    Any information or material contained on our website is owned by Val Global d.o.o.. Reproduction is prohibited without Val Global d.o.o. prior license in writing.

    By continuing to use the site, you agree to the use of cookies. Learn more.

    The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

    Close