Ishares 20+ Year Treasury Bond ETF
Short
Updated

Watch for Rx $TLT back to $94.00

126
I do dowsing and other ways of divining the markets. I'm getting that TLT will take a dip from here. It may drop 4% and stall, then reach the $94 target (6.45% from the anticipated high). So, if it breaks my level at a high of $100.42-.49, then I'm wrong. Otherwise, short should be good.
Note
Oh, I now see the 50dma is at 100.53. Hod currently is at 100.51, so a logical place to retrace a bit.
Note
I later that day noticed a 786 retracement was also right at the highs. I still think this goes down and asked for the next date to be aware of for a possible reversal (up) and get 12/8. What is the trend into that date? Lower
If TLT is around the target of $94 near that date, it is typically a point for a relatively strong reversal.

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