Nice moves in TLT/TBT today.
TLT formed a
cup w.handle pattern and reached it's measured move target to the upside.
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Things later fell-apart, and given a close near this current level, TBT (inverse of TLT) looks like it may close as a hammer after a steep pullback, and could have some more upside from here. Also, I'm watching potential for a
"Slingshot" setup, where price put in a higher swing low, combined with a lower momentum low.
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