Swing Long $TLT at 119.85; 10 Year just printed 2.41 

The 10 year just printed 2.41. It has come too far too fast and overshot the 30 year trend line on TNX. I am not sure if it holds but I think it at least pauses here.

TNX 30 Year Trend Line. 

$TLT holds this 119-121 area and is going to bounce hard. I went bearish at $143. Now I am bullish at this 120.

TLT Long
Long with a mental stop below 118.

*All of these are my opinions and not investment advice.

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2 responses to “Swing Long $TLT at 119.85; 10 Year just printed 2.41 

  1. Pingback: Long Bonds and Gold here rates have stopped rising, for now $TLT $GDX $NUGT $TNX $GLD – Snuffles' Blog·

  2. Pingback: The Closing Prints – Weekly View  | The Big Breakout·

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