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Cincinnatuus

Do you Feel Your Back Side Tightening Up?

Long
Ishares 20+ Year Treasury Bond ETF (NASDAQ:TLT)  
Cincinnatuus Updated   
NASDAQ:TLT   Ishares 20+ Year Treasury Bond ETF
Trend Analysis Chart Patterns Wave Analysis TLT
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trendanalysis chartpattern waveanalysis tlt
All right! let me see a show of hands. Who got long TLT when I told you to? Ok, it didn’t make it down to $110, but if you listened to me, you at least aren’t Feeling the Burn like the Head and Shoulders Short Sellers are!

Ok, if you are long the TLT, get ready for it to rocket up into the $130’s and really start inverting that Loan Curve!
Comment:
Blew past the $130's and the yield curve is totally inverted! There is still a little juice left in trading the TLT, but it will be much tougher going forward here. I would suggest that the risk / reward is not there. Time to take profits.

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