xtremerider8

TLT @ MMA200 support; Bond market didn’t trust today’s bounce!

NASDAQ:TLT   Ishares 20+ Year Treasury Bond ETF
TLT still going down despite today’s big bounce in equities. TLT stopped exactly on the monthly mma200 red line after breaking below 100 today Monday.
TLT should hold mma200 this week or else bonds & equities have a lot more to fall.
Not trading advice.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.