IN BOTH CASES TLT MUST BE OFF THE RECENT 2-3 MONTH LOW ( a significant run-up).
Jul 2019 +8 OFF recent low
Jul 2024 +5 OFF recent low
3 GHA bars before Fed meeting…
TLT GHA July 30 2019

Now July 2024…
TLT GHA

IN BOTH CASES TLT MUST BE OFF THE RECENT 2-3 MONTH LOW ( a significant run-up).
Jul 2019 +8 OFF recent low
Jul 2024 +5 OFF recent low
3 GHA bars before Fed meeting…
TLT GHA July 30 2019

Now July 2024…
TLT GHA
