Daniel.B

Out of neutral spread, looking for directional again.

Long
AMEX:IEF   None
Hello Traders,

I've exited my neutral options spread on $TLT today for decent gains as price retreated back to the center of it.

I am now looking for the potential to add back into a directional position on $IEF (better cost basis then $TLH or $TLT) through common shares if we get a bounce at the 23.6% fibonacci level. Stop will be announced in the updates section if I decide to add back into a bullish position.

Anyhow, good luck to any in bond positions.

Trade smart, and with a plan. Cheers.

=)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.