THE TLT SHARES IS SHOWING AN INTERESTING "ABC" PATTERN, JOINTLY WITH A GOOD SYMMETRY IN POINTS UP IN THE LAST THREE RUN UP, AS FOLLOWS:

A) START IN MARCH 13, 2017: 26 BARS, 39 DAYS FOR A TOTAL OF 8.61 MOVE UP, WHICH MEANS 7,40%

B) START IN MAY 12, 2017: 30 BARS, 45 DAYS FOR A TOTAL 0F 8.55 MOVE UP, WHICH MEANS 7.13%

C)START IN JULY 11,2017: 41 BARS, 58 DAYS FOR A TOTAL OF 6.02 MOVE UP, WHICH MEANS 4.88%

A) AND B) ARE QUIET SIMILAR IN POINTS AND VERY CLOSE IN BARS AND DAYS TO ACHIEVE SIMILAR RESULTS, 8.55/61 POINTS UP. THE C) RUN UP ACHIEVE 6.02 POINTS AND TOOK A LITTLE LONGER.

YOU CAN SEE THE "ABC" FORMATION, WITH THE LEG "C" READY TO MOVE UP, BECAUSE IT BREAKS THE TANGENT TREND LINE DOWN.

THE FIBONACCI EXTENSION FOR A) MOVE WAS 1.50% UP
FOR B) MOVE WAS 1.618% UP
AND FOR C) WAS 123.9%
THE STOP LOSS: IS SET UP AT 123.62
THE MAIN WEAKNESSES OF THIS CHART IS THE FUNDAMENTAL CASE, OF A RATE INCREASE IN INTEREST BEFORE YEAR END; HOWEVER, THE CRITERIA OF A POSSIBLE INCREASE INTEREST RATE IS SPLIT, BECAUSE INFLATION REMAIN BELOW 2%. WE WILL SEE WHAT HAPPEN. GOOD LUCK!!!!!!



ملاحظة
TOUCH THE STOP LOSS AND AFTER THAT MADE A RUN TO 128. CLOSED THIS IDEA
Trend AnalysisWave Analysis

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