SviCapital

TLT, Confirmed Breakout, Risk off in Play

Long
NASDAQ:TLT   Ishares 20+ Year Treasury Bond ETF
On Friday, the Treasury bonds had a decisive breakout and a convincing move away from the large HVN. The price is heading to $127 target. After that we may see some pullback and potentially a breakout from the mature balance.

The investors are looking for safe investments. Usually, if the bonds are moving up the equities do the opposite.

03/24/2019

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