Daniel Urdaneta
Short

TLT short on RSI divergence and channel, Bband top

AMEX:TLT   ISHARES 20+ YEAR TREASURY BOND E
Sold short some TLT             at the market close. Looking to add tomorrow right away if it gaps down.

Aiming for 123.40 (1° target); 122.33 (2° target and out).

RSI divs on 1hr usually work on this ETF . The only worrisome sign: SPY             seems to be at a hard place and this is a 'risk-on' trade. Let's see how it goes.

Best,
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