Algokid
Short

TLT - Counter Trend Rally Over

BATS:TLT   ISHARES 20+ YEAR TREASURY BOND ETF
187 6 0
Since falling more than 10 % in 2 month, TLT             bounce and made a nice rally back to it's previous support level ( now resistance) . The rally is now over , and expect TLT             to continue it's descent . If however the price breaks it's resistance, this may be sign that the economy is in more trouble than we think.
timwest PRO
4 years ago
Very nice going with this analysis.
Reply
Algokid PRO timwest
4 years ago
Thanks Tim
Reply
mikestockmarket
4 years ago
so far so good :)
Reply
Algokid PRO mikestockmarket
4 years ago
Thank you
Reply
Algokid PRO
4 years ago
UPDATE, TLT broke through it 's downtrend channel, which is obviously bad for the market as previously stated in my original comment. I 'm taking the same chart and extending the previous resistance line ( green line)  
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out