TLT testing key short-term support.

Posted by Chris Kimble on 04/03/2011 at 10:52 pm; This entry is filed under Govt. bonds.

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TLT has rallied off of support and broke above its falling wedge at (1), with a test of its new rising channel support line taking place at (2).

Game Plan...Remail long TLT after a purchase at (1).  Will "harvest" the TLT position on a break of support at (2) by 1%.

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2 Comments

  1. Aleks April 6th, 2011 at 1:13 pm

    Harvest Time?

  2. Chris Kimble April 8th, 2011 at 9:11 am

    Aleks….Did due to the support break in this chart.