TLT Update

For those of you interested in TLT (I don't like the profit potential unless you are leveraging it), it's in good position, the gap got filled, the head fake move was put in as it broke the trend line where it saw the heaviest accumulation of the day and the "process" is about the right length. If you like it, I don't see much reason not to consider it long here.

This is intraday only, but at least you know the pullback was accumulated and not sold. The longer term charts look good as well.