US Markets - Covering TLT short

publication date: Nov 9, 2020

The TLT came 0.63 cents from our $154 MFU-2 target, which typically will produce a strong countertrend rally. We will look to reshort in the coming days with the expectation of another leg down to the MFU-3 target of $145, which is what occurs 70% of the time when a negative Money Flow Unit is formed.

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