AMEX:TLT   ISHARES 20+ YEAR TREASURY BOND E
Marke is on long term support, Russia is willing to comply with oil             production cut, and decent earnings from some of the large powerhouse companies such as facebook             . We will see a rally in the markets following the next few weeks. If that is to be true then that means that treasury bonds will drop due to a switch in allocation of money from investors. This is a high risk low reward setup for all traders. It is a 10:1 Risk Reward opportunity which is ridiculous. A potential double top here where there is previous long term resistance. Look on the bottom, volume peaked then lost strength. After we lost strength we had one more wave of buyers (big green volume spike) that failed to breakout and hold above the previous highs which attracted a lot of shorts and sells (big red volume spike after the green one in the circle). This failure to continue trend is a great short play.
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out