CosmicDust

TLT possibility - 8/23/2015

AMEX:TLT   ISHARES 20+ YEAR TREASURY BOND E
tlt
193 8 3
tlt
Inspired by Mr. Ciovacco, I am projecting possible TLT             gains if this plunge is indeed the start of something really bad. (not necessarily). Note the projection is a little extreme, given the possibility of unwinding of current US stock market extreme (well I know all people do not agree with this assertion), so from one extreme to another extreme.

Note this is purely speculative, and is only ONE possible outcome (extreme) as market is unpredictable. The purpose is to show possibility rather than to suggest a trading/investing theme.
jangseohee
a year ago
I am thinking of opposite direction, I could be wrong
Reply
CosmicDust jangseohee
a year ago
Updated chart with more RSI detail blow. At this point it can still go both ways. So next 10 days and September is important.

snapshot
+1 Reply
jangseohee CosmicDust
a year ago
Aug candle ^_^
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CosmicDust jangseohee
a year ago
Agree.. if it can close above 10 month MA...
Reply
IvanLabrie PRO jangseohee
a year ago
Same view, this is my monthly/weekly:

snapshot
+1 Reply
CosmicDust IvanLabrie
a year ago
thanks for sharing... Monday will be interesting...
+1 Reply
IvanLabrie PRO CosmicDust
a year ago
Definitely!
Reply
cpass94
a year ago
The fact everybody here thinks the opposite makes me more so inclined to believe it will indeed test old highs.
Reply
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