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Bond ETF

iShares Barclays 20+ Yr Treas.Bond (TLT) : Kumo breakout.

 

TLT. From bearish to bullish.

TLT is just starting to breakout of the kumo resistance.

However, at this moment, I am not expecting it to be very strong bull.

Both Tenkan sen and Kijun sen are flat with the leadig kumo also flattening.

These suggest consolidation and probably a range bound play for a while.

I already have a SHORT PUT spread on it.

And my objective is just to enjoy the theta decay.