TLT is challenging Oct'19 high at 146

Long

Ishares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

NASDAQ:TLT Ishares 20+ Year Treasury Bond ETF

trendanalysis tlt ief

TLT resumed the year-long rally, after a four month long consolidation, extending toward 146, Oct'19 high. Above the latter, TLT should retest the 149 peak in Aug'19. reaching the 150 area. However, momentum indicator is in the overbought territory. The ETF could consolidate under the current resistance before attempting higher.
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