NASDAQ:TLT   ISHARES 20+ YEAR TREASURY BOND ETF
480 9 5
Double top . Next tests: trendline and 50 ma.
What's your thought on TLT. I see you have posted 10 year chart for a lower expectation. I'm thinking 137 to 138. Drop can be fast and furious if we see a flat 8 to 12 week top shape up.
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Another bullseye..good job
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Thank you
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Nice going chart trader!
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Moving in right direction so far
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charttrader PRO charttrader
118...
+1 Reply
charttrader PRO charttrader
115
+1 Reply
Great chart! Definitely agree. I don't think that the bond bull cycle is over as the uncertainty in Europe and the economy will remain, but bonds are definitely due for a correction. I see some money getting out of bonds and into stocks, with SPX hitting 1350 in the coming 6 months.
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Thanks. Will so how it goes.
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