IvanLabrie

TLT: Big down trend started

Short
IvanLabrie Updated   
NASDAQ:TLT   Ishares 20+ Year Treasury Bond ETF
#TLT has finally triggered a bearish signal here in the weekly chart. It has some good downside potential, but eats up a ton of cash if you short shares. Keep that in mind...

Cheers,

Ivan Labrie.
Comment:

If below this support, it can crater to 142 next...One step at a time.
Comment:
Support held, I covered yesterday at the open, reentered today:
Trade closed manually:
No trend here for now.

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