TLT, TLH update April 30

TLT: looks like it needs one more abc up to complete green (minor) c of intermediate c of Primary C. This view is rather contradictory many stories we’ve seen about treasury bonds, so we’ll have to see who’s wrong or right.

tlt

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TLH: The picture here is somewhat more muddled than on TLT, but as long as support at $138.50 and chance holds, then we continue to look up for another abc move. price target not so clear at this moment, but a break above $143.50 would target $148.50 based on symmetry.

tlh