02/27/16 – TLT, if correct, should be losing steam over the coming days/weeks. Initial target appears to be 109-111.
note, if this pattern fails, then 145 is a very strong target as shown below. also note, the cycle top times came in w/ pattern completion. right now, favor the short side into the 109-111 area but do want to show possibilities.
Nice analysis Bart. Clear, concise and easy to follow. Purely technical with no mention of micro or macro fundamentals. Thanks
You wrote TBT daily on the chart itself. It confused me. I suspect you meant to write TLT.
Joe Hage
Leader, Medical Devices Group (300,000+ members)
CEO and Founder, Medical Marcom
425.415.6171