The 20+ year Treasury Bond ETF (TLT) is under pressure and it is getting close to break down the $102 support that has held since August. The 50 Moving Average has become resistance and the On Balance Volume has flattened out which add to the probability this short will work. Patience!
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TLT Weekly Chart
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TLT Daily Chart
About Stock Trade Journal
The information in this blog is not investment advice. Please consult a financial advisor before investing. I have been trading stock since the 1990's and survived the .com crash. I am developing software applications to help me trade better and now I am making them available to help other traders.
This blog is also a way to share my experiences and observations in the market.
