TLT - Take profits; look to reload

Symbol: TLT
[X] Exit / Re-entry
Duration: 6 Months
Direction: Take profits then Go Short again

TLT is the proxy for long term bonds/interest rates. It had formed a long term head and shoulders pattern, broke the neckline, built out a bearish wedge and then broke lower which triggered all the problems last week in stock market. Given the way it plunged and volume expanded, it would make sense to take most profits here and rebuild into the bounce from $85 to $88.


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Symbol = TLT Exchange = Russell
Sector = Closed-End Fund - Equity
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FUNDAMENTALS
Short Interest = 0.00%
Earnings Date = No Date Set
Beta = -0.24
PE = 0.0
1/2 yr Avg Volume = 1005800

Instutional
Buying = 0 Selling = 0 Holdings = 0.0%


EPS Current Quarter = 0.50
Previous Quarter = -1.03
2 Quarters Ago = 7.82
3 Quarters Ago = 2.27
4 Quarters Ago = 3.32
Percent Change Last = +148.70
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TECHNICALS
Stochastics =Bear MACD = Bear

TRADING CUBE TRENDS
TIME FRAME STOCK SECTOR Russell
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2 Weeks Bearish Sideways Sideways
3 Months Bearish Sideways Sideways
6 Months Bearish Sideways Sideways
12 Months Bearish Sideways Bullish
24 Months Bearish Sideways Bullish