Ishares 20+ Year Treasury Bond ETF
Long
Updated

TLT

1023
We have a nice convergence on week chart. Normally, bonds start rise half year before recession, so I expect in next 2-4 weeks it will start rising.

1 target - 115$
2 target - 121$
3 target - 135$

But it`s long term investing - 180-360days, so better to wait when it will start rise.
Note
I think we are at good point to buy, probably we will go a little bit lower to 80$ to update LL but I am not waiting price lower than 75$. For now trend is still bearish so I will update idea in a months.
snapshot
Note
I am confident that 80-90 is a bottom of downtrend
confirmation - above 97$
snapshot
Trade active
We're nearing 100; our next target is 110. If there's a correction to 95-93, it'd be a great opportunity to buy at a lower price. Most likely, we'll see a continuous uptrend for the next 3-5 months.
snapshot
Note
Nice pullback. Now, it's crucial not to close under $93 on weekly chart to sustain the upside momentum.
snapshot
Note
Not much to say; still holding at $93 and remaining bullish. It's a good price to buy. The strong dollar may prolong the correction, but the targets remain valid. The period between March and May could very possibly see a strong manipulative move, and according to the inversion of bond yields, it is the perfect timing.
snapshot
Note
snapshot
Note
snapshot
High Fed rate -> strong dollar -> weak TLT. The expectation about the Fed rate changed from 3-5 decreases this year to 1-2. As a result, we have seen a fall in TLT. Targets remain the same, but we will likely see them later, possibly by the end of the year or market unexpectedly will fall sooner.

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.