TLT, TLH update: 12/28/2015

Not much to add to the treasury bonds TLT, TLH, as we believe both have topped and are now heading down. both are just below major support and both are unable to break above descending trendlines in place since their respective tops (TLT trendline shown). We expect TLT to drop at least to low $100s and TLH to the high- to low $120s. That’s all there is to say for now; keeps life simple šŸ˜‰tlt

 

tlh