drchelsea1

TLT - $155 Entry / Descending Broadening Wedge / $Breakout $160

Long
drchelsea1 Updated   
NASDAQ:TLT   Ishares 20+ Year Treasury Bond ETF
0. This was easy money;

1. Descending Broadening Wedge shows the sentiment as we drift waiting for more lower rates, and stimulus.

2. Breakout from $160;

3. Heading to $180;

4. Value and Bonds looking good right now. Bonds + Value + A Little Tech for Juice.
Comment:
UPDATE

We are out of Bonds. Not wasting anymore time on this idea. Small profit from $155 but not breaking out anywhere.

Probably TBT better. TLT heading back to lower part of Channel.

Cheers.
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