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GregTheAnalyst

Possible long TLT from 135$

Long
Ishares 20+ Year Treasury Bond ETF (NASDAQ:TLT)  
GregTheAnalyst Updated   
NASDAQ:TLT   Ishares 20+ Year Treasury Bond ETF
Trend Analysis Support and Resistance
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trendanalysis supportandresistance
Possible long TLT and bottom. RSI super oversold on (D) even 17. Everybody is record short $$$ and record short UST and long reflationary trend and inflation. It's not constant, time for some deflationary move and flip. Sustained break and closed on weekly below 134$ gives us a right to claim TLT will drop further to 118-120$ to lower channel.
Comment:
Also (W)MA200 (red one) seems to be hold, same as the trend-line from 2011 through 2014 and 2017 (blue line)
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