Short TLT and Gold (Update) Short

iShares 20+ Year Treasury Bond ETFNASDAQ

Description

⋅ Dec 16, 2017 3:07 PM

Although short term bond and gold looks bullish, TLT is now at breakdown NL resistance + cloud. If it does not breakout NL then, the whole short term bullishness for bonds and gold are bull traps.

TP: 103.23 as calculated from fake breakout