TLS Long Term Outlook.

History is repetitive more often than not, after all human nature is constant. Back in 2010, August was the CLIMAX MONTH for TLS. Thereafter we have experienced flat price action behaviour. Lowest low was set in Nov. 2010. 7 years on and we may experience similar behaviour. Time will tell of course if this may be the case. At this stage there is a weekly bullish pivot in the next lower time frame ( not shown) which was completed week ending 13/10/2017. I am in with medium/long term view, with my stop loss in place ,despite the fact that TLS is in a MAJOR DOWNTREND. Sit and wait from here on with TLS for me.

Disclosure : As stated above TLS is held with medium/ long term view.

tlsmonthly27102017

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