$TLT Breaking Four Year Downtrend?
Diupdate
Looks to me that 
TLT may be finally breaking a downtrend (Interest Rates Reversing Lower?). It is too early to tell for sure but it is an interesting development.
This could be a double edge sword. Rates coming down may be good for stocks short term but longer term it may well mean the bond markets are starting to see a recession ahead. That would not be good for equities.
This is may develop into a trade. All TBD.
TLT may be finally breaking a downtrend (Interest Rates Reversing Lower?). It is too early to tell for sure but it is an interesting development. This could be a double edge sword. Rates coming down may be good for stocks short term but longer term it may well mean the bond markets are starting to see a recession ahead. That would not be good for equities.
This is may develop into a trade. All TBD.
Catatan
TLT is a little to stretched here for me. I would like to see it pullback to around thee 20 EMA (green) or even the 50 DMA (red) and then go long once it resumes it's uptrend. I have no idea if that will happen but for my trading style I need either a consolidation area and resumption of trend or pullback and resumption. Let's see what happens.Catatan
TLT Looks to me that the pattern I had drawn in is playing out this morning. I will not be opening a position today or at least until after #Fed Chair #Powel speaks at 2:30 PM ET today. But "if" he comes out dovish on rates, this could be worth a few % move to the upside. All TBD.Trade aktif
I took this trade today as it crossed back above today's AVWAP. My stop is just below yesterdays low. It either goes or take a small loss. All TBD.Catatan
TLT continues to work. I entered on Jun 13th @ 93.02 as of this post it is trading at 94.54. It hasn't been all smooth but I am up over 1.6% on the trade. It is not a barn burner for sure. I have however, moved my stop to breakeven...Catatan
TLT continues to play out but at a snails pace. I just added here today as it looks like a nice consolidation area. Of course it could go either way. I am now holding a 2/3 size position.Trading ditutup secara manual
I closed this out today for a small loss of 35 cents a share. This has been giving gains up to fast. Back on the watchlist.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.