20+ Year TREASURY BOND ETF Possible Short Term Bottom

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ISHARES 20+ YEAR TREASURY BOND ETF (NYSE: TLT)

What is TLT:
Is a long ETF for ICE U.S. Treasury 20+ Year Bond Index and other bonds

JesusTrades Score:
Buy

Scale Score:
Risky (8 / 10) Could have another leg lower

Portfolio Hold:
1 month

Fundamental Reasoning:
Due to low interest rate this play could be a good trade to take, but not something long term to hold for. Also trending against the market could be a good stock to hold when market is dropping. OH and did i mention that the FEDS are buying up BONDS.

Feragatname

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