Is the 20 Year Bond in Trouble Or Just Bottoming?

Quick Alerts

The price of the 20 Year Treasury Bond ETF (TLT) peaked in April before falling to an August low. Is it a buy now? Not yet but it is improving.

The yellow band above is the Weekly Displaced Moving Average Channel. It is a bias indicator. In other words, do we want to be long or short? Currently, the answer is short. Next up we have two trigger indicators.