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CosmicDust
May 14, 2015 4:36 PM

TLT update -oversold - 5/14/2015 

Description

Oversold on daily chart. Counter-trend rally (short term) is likely and may target $126 level. Wait for breakouts for confirmation. If blue resistance cannot be cleared, any rally should be sold and should be used as an opportunity to short long bond.
Comments
jangseohee

fingers crossed
CosmicDust
Thanks - that is an important resistance.
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