what do you think about TLT bottoming here for a quick thrust up to 162?
IngenuityTrading
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@dineshrajan, thanks... for TLT I could definitely see a bounce but if you notice TLT has had a slight negative correlation with energy and energy just broke out at least temporarily. I think 162 would be a whole new upwave which for now I don't see unless there is another huge economic shock. I would be betting on 150 before 162 but it will be interesting to see how it shakes out
what do you think about TLT bottoming here for a quick thrust up to 162?