TLT: Short term rally, potential pullback in a downtrend
TLT offers a low risk buy if we make a new high tomorrow, with a stop under the recent swing low.
We can aim for a retest of weekly resistance, as signaled on chart. I'd rather buy and exit there to be safe. There's a chance we might be able to flip short at that level, but I'd rather take that trade by buying
USDJPY and 
USDSEK for instance, and/or shorting $EURUSD.
Good luck,
Ivan Labrie.
We can aim for a retest of weekly resistance, as signaled on chart. I'd rather buy and exit there to be safe. There's a chance we might be able to flip short at that level, but I'd rather take that trade by buying
USDJPY and USDSEK for instance, and/or shorting $EURUSD.Good luck,
Ivan Labrie.
Order cancelled
Acting a bit weak, but we might see a rally after the weekend.Note
Acting better now, but I'm flat treasuries.
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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.