Good day folks,
TLT has been on a very bullish ride since November, however it should correct a bit in the short term.
The RSI is in the roof and resistance started to show up at 122. There is also a gap to be filled at 116, which is my target.
Following is my position: CALL TBT 2019JAN18 36.00 (filled @ 0.43$)
*I will be at the cottage next week and it is fairly isolated, so I won’t be able to update. I will monitor my position from time to time using a signal booster, but that’s all.
Have a wonderful Christmas with your family and friends!