Thursday, August 11, 2016

TLT yoyo Continues....08.11.16

The volatility in TLT is alive and well, recent good press to the contrary.  Actually, TLT is performing pretty much in sync with our 130 minute bar Bollinger Band chart that's managed to capture the bumps and dumps in this contentious ETF. We're now approaching the lower band so odds are getting skewed to the upside once the RSI readings start to turn up.
Following up on yesterday's post here's a look at the first M Basket with GE as the focus stock.
Over the next few days we'll post the current SPY, QQQ and TLT baskets with similar panels.