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The_Position_Trader

Bond Fund TLT Is Getting Ready To RIP Higher

Long
Ishares 20+ Year Treasury Bond ETF (NASDAQ:TLT)  
The_Position_Trader  
NASDAQ:TLT   Ishares 20+ Year Treasury Bond ETF
Trend Analysis Chart Patterns TLT bonds BOND
3
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trendanalysis chartpattern tlt bonds bond
Bond Fund TLT has formed what is an ideal reverse head and shoulders formation. I am waiting for a break of the neckline before going long. This is on the back of continued FED accommodation and some early signs that inflation is cooling off. It might be time for bonds to shine for a while.
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