$iShares 20+ Year Treasury Bond ETF(TLT)$ TLT tagged the .618 retrace of the recent Wave 1 up. That’s a viable Wave 2 low. Could drop further per the chart (see the ‘drop zone’) but this is a sensible place to find support. Long TMF in staff personal accounts.
This indicates that have taken a long position in TMF (likely the directionally leveraged 20+ Year Treasury Bull ETF) in their personal investment accounts, suggesting confidence in the potential for upward movement in bond prices.
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