TLT: Time to scoop treasuries

When most people are fearing an asset bubble in treasuries, and after increasing fears of rising yields, with many doomsayers calling for the end of this 'bubble', and a rapid selloff, it's clear that $TLT has found support, and that we can take the long side if it breaks last week's high. An integral part in any portfolio, $CEF, and $TLT.
See my previous $TLT publications to have an idea of how effective the trading in bonds has been.

Good luck,

Ivan Labrie.

Comment:

Good hold.

Comment:

0.9R profit now.
You can trail stops up to entry price going into tomorrow's events.

Trade closed manually:

I'd reccomend closing the long and going short with stops at 143.62 at market open.

Trade closed manually:

Cover the short, good 2 point profit.