The Chart Report

The best technical analysis being done by the best technicians in the world every day.

  • Daily Chart Report
  • Archives
  • About Us

Chart of the Day – Friday, March 24th, 2023

March 24, 2023 Patrick Dunuwila

$TLT set to close above 200 day MA for the first time since 12/31/21 pic.twitter.com/kD7JaOq6tg

— Brandon (@tradebettor) March 24, 2023

Today’s Chart of the Day was shared by Brandon (@tradebettor). It’s a daily candlestick chart of the 20+ Year Treasury Bond ETF, $TLT. Brandon points out that $TLT is back above its 200-day moving average for the first time in more than a year. The trend is still lower, but it’s attempting to reclaim a key level around $109. This level has been tested several times in recent months, but it’s proved to be resistance. If $TLT can finally clear this hurdle, it would open the door for further upside.

$TLT, bonds, Chart of the Day

Recent Posts

  • Daily Chart Report 📈 Friday, December 1, 2023
  • Chart of the Day – Friday, December 1, 2023
  • Daily Chart Report 📈 Thursday, November 30, 2023
  • Chart of the Day – Thursday, November 30, 2023
  • Daily Chart Report 📈 Wednesday, November 29, 2023

Follow @thechartreport

  • Instagram
  • Twitter

© 2023 The Chart Report. All Rights Reserved.

Terms and Conditions - Privacy Policy