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MadMacx
Apr 26, 2022 10:22 PM

TLT 4HR Short

iShares 20+ Year Treasury Bond ETFNASDAQ

Description

NASDAQ:TLT

Interested to see what happens here. Let me know what you think :)
Comments
PerfBullTrader
Might be time to consider going against the prevailing sentiment and go long bonds here. Looks to be oversold and turning positive.
MadMacx
maybe a straddle? don't see how it can move very far up, unless inflation somehow resolves itself with no help from the Fed. I could see an argument for sideways price action along the support but I get the feeling Fed action required to stave off inflation isn't priced in.
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