Andresa30

We may have seen the top for TLT

Short
NASDAQ:TLT   Ishares 20+ Year Treasury Bond ETF
TLT is getting interesting. In the weekly chart a big red candle is engulfing previous green candle. That may be a sign of trend reversal. In the monthly chart, price is in overbought territory ( RSI ). Also, there are two suply zones (4 hour).Today, even though price closed above the resistance line (thick blue line), volume did not follow the same path (OBV).

From here on, price may start going down. It is early to call, but we may have seen the top for TLT .

We will see.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out