TBT / TLT Charts

Here we go, I'm showing both TLT (20+ yr Treasury bond ETF) and TBT is the 2x leveraged short of TLT. I use both for confirmation as they are totally different volume, different leverage, direction and management.

 TLT stop earlier- you know what the volume looked like, biggest of the year for a bar. The next run below didn't hit any stops, I'd say this looks like an accumulation range.

 TLT v SPX

TLT v SPX longer under the recent support range, remember head fakes are typically seen right before a reversal (to the upside here).

TLT 1 min in line, now going positive.

 TLT 2 min pos.

TBT (the short 2x of TLT) negative

TLT 5 min positive in an important timeframe.

TBT 5 min confirms TLT 5 min above

TLT 15 stayed very positive.

TBT 15 min is negative-confirming TLT 15 min-these could move easily by now and big, I'd say they are.

TLT 60 min positive

TBT 60 negative

TLT and TBT confirm each other. A VERY interesting day for TLT, it has been an asset that has been under accumulation at every little dip.