TLT seems to be in a phase of accumulation. According to some other indicators I've looked at, it seems it may be an early phase with some more to come which could lead to a longer uptrend at a reversal.
Monday, January 10, 2011
TLT Chart Request
Here's a request for the TLT daily 3C chart
This version of 3C has done a great job in tracking accumulation/distribution in TLT. Red arrows=negative divergences/distribution; green arrows= confirmation of the trend; white arrows = positive divergences/accumulation.
TLT seems to be in a phase of accumulation. According to some other indicators I've looked at, it seems it may be an early phase with some more to come which could lead to a longer uptrend at a reversal.
TLT seems to be in a phase of accumulation. According to some other indicators I've looked at, it seems it may be an early phase with some more to come which could lead to a longer uptrend at a reversal.
No comments:
Post a Comment