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Scoop from TraderWise
3

Barclays 20 Yr Treas.Bond ETF (TLT)

http://gicharts.blogspot.com

Barclays 20 Yr Treas.Bond ETF (TLT) chart analysis ;
1) The key question you should ask yourself is ; How long does an up trend last ?
2) Warning ; This is not an internet stock, we are talking about BONDS !!!
3) Break out from that channel pattern took place in mid April ; So, how long does a bond uptrend last ? I urge you to study past bond moves.
4) Parabolic rise ; When you see them, you know what the end result is ; A hard pull back.

 
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