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Tr8dingN3rd

TLT At The Warning Line Support

Short
Ishares 20+ Year Treasury Bond ETF (BATS:TLT)  
Tr8dingN3rd  
BATS:TLT   Ishares 20+ Year Treasury Bond ETF
Trend Analysis Chart Patterns Technical Indicators TLT tltshort bonds bondsshort medianline actionreaction
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trendanalysis chartpattern indicator tlt tltshort bonds bondsshort medianline actionreaction
TLT is currently at the Warning-Line of the white Fork.

We can see how price reacts to the Center-Line.
A classical retest that played out textbook like.

Then the same at the BASE Line of the Action/Reaction Set.

If TLT cracks the WL, then the next stop would be the Reaction line.

All this is in line with the destroyed Bond Market.
And that's the reason why I would short TLT on a rebound.

Peace4Theworld
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