Monday, August 20, 2012

Flight To Safety-TLT

It looks like TLT is getting ready to explode to the upside in a flight to safety trade.

I've already shown the longer term charts in which TLT actually improves on the break below resistance, which is confirmation of the exact opposite seen in the market as TLT trades opposite the market.

Here's the near term stuff.

 3 min leading positive -very steep incline/momentum

 5 min leading positive as it consolidates

 15 min leading positive

And the 30 min is leading positive, this chart rarely moves up this high, this fast, it's almost a straight line.

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