Get started
Ishares 20+ Year Treasury Bond ETF

TLT ready to pullback

By Blue3210
Updated
snapshot

TLT is forming what looks like a bear flag on daily and getting ready to pullback.
Note
snapshot

Weekly still looks bearish unless we break above 94.
Note
snapshot
Note
It did gap above the wedge. Here is 1 hr chart: Now have to see if weekly closes above it as well. snapshot
Note
TLT returned back into the wedge. Now it's up to Fed comments on Wednesday. snapshot
Note
TLT broke out from the wedge. Now it is trending in this channel:snapshot
Trend Analysis
Blue3210

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.