Support levels approaching for bonds(TLT)

NASDAQ:TLT   Ishares 20+ Year Treasury Bond ETF
Technically Speaking
Two levels of support are coming up, 132.50, 127.50.
If the latter does not hold, it is a pretty steep slide to the next level of demand at 120.

I believe the better the better R/R would be to wait for a test of the 127.50, stopping out under 125.00.

Remember, we as traders do not have to swing at every pitch. We are looking for mis-priced bets, so it pays to be patient.

TLT             is an ETF . Even though I lean technical, I think it is important to know what you are trading or investing in. Here is a link to the TLT             page:

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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 Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out