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TLT Trading Near Support, 10 Year Bond Yields Approaching Resistance
TLT is trading near a light blue support line around $92. There has been a brief drop below support, but TLT is trying to climb back above support here. I think there could be a bullish rebound here, but the 10 year bond yields could also trend higher. US10Y could still experience more upside to […]Read More
Altcoin Market Forming a Correction
The Altcoin market was red yesterday and is selling off a bit more today. I think there is a trading range between the light blue channel and room for ALTS to drop lower over the next few days. The price action will depend on Bitcoin’s price movement, and for now Bitcoin looks like it can […]Read More
COIN Needs to Hold Above $194.20
COIN has experienced a selloff after reporting worse than expected earnings yesterday. There has been a 7.5% decline so far, and COIN is approaching a key yellow support line around $194.20. This support level was previously lost and it is important for COIN to hold above this support level to remain bullish. Follow me on […]Read More