benjihyam

$TLT selling off to $138-141 before rallying higher

benjihyam 업데이트됨   
NASDAQ:TLT   Ishares 20+ 해 트레저리 본드 ETF
TLT looks to be close to finding a bottom. I could see TLT finding a bottom in the $138-141 range then basing for a couple of weeks before rallying higher in early November.

Key dates and levels on the chart.

My macro thesis is that we're at the start of a larger pullback in markets and money will flow to treasuries as a safety net. Dates align on both the S&P bottom and TLT top around March... Let's see how it plays out.

코멘트:
Following the path so far... lets see what happens from here and what this could mean for markets
코멘트:
TLT going higher as anticipated.
코멘트:
Backtesting the breakout structure... let's see if we get a reversal higher. Markets looking pretty ugly here.

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