Not really diverged
TLT is going higher, slowly but surerly. Since the big drop in the beginning of bloody October TLT has found strong support and formed a wedge. It is a rather medium-term opportunity than short-term. For now it seems so be bouncing off the upward-sloped trendline and we may see an end of this move in the range 114.74 - 115.
Although it still may go a few days sideways and touch the trendline with a bar
Although it still may go a few days sideways and touch the trendline with a bar
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