TLT 131?

TLT 131 is the target from which a potentially epic short against the long bond could originate.  Long-Term T bonds are front and center here on FOMC day because it appears markets, media and investors far and wide are obsessing on the question ‘will they or won’t they (buy unsanitized long-term bonds)?’

Support noted on the chart should hold for the TLT 131 target to remain viable.

tlt

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BullionVault

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