Another Opportunity in TLT
$TLT
I last wrote about TLT 0.00%↑ at the end of September -
At the time, it was hovering near the lower of the two black lines on the chart below.
Suffice to say, the trade worked. Hovering now just above the higher of the two black lines, around $92, I think there’s another opportunity. That price level was meaningful both last October and this September; there’s price memory. I think the tactical play is long until at least $100. Below $92 nullifies the idea.
