TLT has breakout of its high from August 2010.
It is in a very strong bullish move reminiscent to the move back in November 2008; peak of the crisis?
Not only is TLT move steeper this time round (moving upwards faster), it also seems more gappy.
Back in 2008, within 1 month from the November move, TLT starts crashing down.
Will we see a similar move this time round? If yes, what could be the cause? I can only wait for a confirmation. Before that, I will sit tight and avoid placing a speculative bet.
