TLT: Pending monthly short

TLT appears to be extremely toppy here. We can look to short if we see a drop under last month's low during August. If not, we'll have to move the sell stop to August's low. Stop loss is a new all time high plus 1 tick.

Good luck!

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Kommentera:

It seems like this is valid.

Kommentera:

This evolved into a massive move. Might be a long term top in bonds, or a bottom in yields !!!

Kommentera:

And...yep, long term top, bottom in yields.
Now, let's see if we see an intermediate term top in yields...