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snoopy860228

TLT selling opportunity/downtrend continues!!!

Short
Ishares 20+ Year Treasury Bond ETF (NASDAQ:TLT)  
snoopy860228  
NASDAQ:TLT   Ishares 20+ Year Treasury Bond ETF
Parallel Channel Head and Shoulders Support and Resistance downtrend Bearish Trend Line
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parallelchannel headandshoulders supportandresistance downtrend bearishtrendline
After TLT failed to break the head and shoulder neckline,the stock is following a second pattern that supports/reinforce the downtrend (Parallel Channel). This is a good setup to either buy puts or close current positions.

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snoopy860228
TLT failed to break the neckline. Selling opportunity!!!
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