SMP99

TLT - looking for a bounce

Long
AMEX:TLT   None
3
Long TLT at these levels at a confluence of possible support around the ~118 level. Additionally as noted in previous post (linked below) 30 treasury rates are approaching what could be significant resistance. Targets are 120.70, 121.70, and 122.80. Below recent lows would imply increased chance of visiting ~114.75.

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