Tuesday, February 4, 2020

TLT Weekly Flag Breakout - Update 3


This is a weekly chart, so the rightmost candle is this week to date, which is just yesterday and today. Looking at that candle you can see lost some ground, but we closed above the 3ema, which is currently higher than the 8ema. As long as we close above the 8ema we're still considered in an uptrend. 

On the daily, not pictures, we closed right on the 8ema.

So, we stay in the trade for now.

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