This is the
TLT
I'm long the
TMF
and going to be long the
ZROZ
as well with this good debt ceiling news.
On the chart I'm seeing a bottoming candle in a demand zone on the weekly chart.
I'm also seeing high volume maintaining.
Furthermore, those moving averages are close together, so I think the extraordinary signal will be
TLT
above $110 and those moving averages crossing.
I could hold this trade for years and not care while collecting dividends.
Another thing, in 2011 we got a deal and the day of the vote everything freaked out then our debt got downgraded and bonds rocketed.
This is a great RR imo.
TLT
I'm long the
TMF
and going to be long the
ZROZ
as well with this good debt ceiling news. On the chart I'm seeing a bottoming candle in a demand zone on the weekly chart.
I'm also seeing high volume maintaining.
Furthermore, those moving averages are close together, so I think the extraordinary signal will be
TLT
above $110 and those moving averages crossing. I could hold this trade for years and not care while collecting dividends.
Another thing, in 2011 we got a deal and the day of the vote everything freaked out then our debt got downgraded and bonds rocketed.
This is a great RR imo.