NASDAQ:TLT ISHARES 20+ YEAR TREASURY BOND ETF
Been researching historic TLT . What do you think of this chart? Please post comments. Noting here in 2008 was different than in 2011 , and 2008 more similar to levels now, and oddly (or not) until election day usa. 50 days (?) or less until hits its bottom trend line. If price does not hit its bottom TL, would be very close to what happened in 2008, V Price. Note the 3rd touch to BTL was a doozy. and 2008 bottom indicator not so great, meaning, it touched and did not stay there long, bounced quickly, no time to form bottom. 2011 had larger bottom build. This would indicate more of a surprise to the market. Just been hearing Bond chatter lately, so that is drawing my attention relative to . TLT and SPX500 usually are oppo , and have been in sync too. In synce too long now, time for another oppo. Also, OIL and dollar strength having effects. If Lybia starts exporting again, and storm season over, could increase supplies, lower oil .