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Ishares 20+ Year Treasury Bond ETF
Long

TLT repeating pattern. Another trap coming?

270
TLT's pattern of higher highs and higher lows seems very obvious. But as a wise man said, "if it's obvious, it's obviously wrong."

So will we see another trap/shake-out occur before it keeps going?
Or will this be where TLT pulls back further while the market resumes bullishness.

What do you think?
Electrified
bondsChart PatternsTLTTrend Analysis

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
bondsChart PatternsTLTTrend Analysis
Electrified

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.