AMEX:TLT ISHARES 20+ YEAR TREASURY BOND E
Great chart. You are first one to call TLT bullish scenario setting up. After today's close its clearly above both trend lines on your chart. What will you be waiting for as confirmation? Early thursday morning bmp, TLT spiked up but then slowly sold off during the day and closed at 127.11. Any thoughts from hereon ? Thanks for the insights.
As of yesterday's close, price is right on one of the blue lines but is able to close above 10 day MA. I am slightly bullish but really not much. So maybe give it a couple of more days and hopefully it can provide us a better picture. I will update the chart this weekend and some time next week. Thanks!