$TLT Battles Resistance as Fed Lets Up on the Gas Pedal

134
TLT is battling $170-level resistance over the past month. News that the Fed is going to cut QE in half this week to $15B is likely not going to help. But the prospect of being somewhere in the process of -30% GDP in Q2 will probably make it tough for bond shorts nonetheless.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.