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jamespwu
12 de Nov de 2016 16:48

TLT Broken Monthly Support 

iShares 20+ Year Treasury Bond ETFNASDAQ

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Ouch, TLT. This is the first time I pulled up a monthly chart. In a longer time frame, the support is still further away. On the daily, its very oversold. Looking for a bounce to re-short. Please also look at the RSI Neg. Divergence on the bottom. I wish I saw that earlier. I tried to short it many times this year and never really worked out great, but if I have seen these indicators before. I would have been more confident about my trades.
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