TLT

in STEEM CN/中文5 years ago

One thing I always suggest is to buy some TLT in your equity portfolio but the question is when to buy. For purely protection purpose, one can always buy the TLT on weakness which is around 153 level. If you want to adopt a more momentum point of view, one could see how the price action reacts at around 162.5 level, if it breaks convincingly, it will mean this is a pull back buy in the weekly chart and there may be some upside on TLT. Coincidentally, US stocks are also at the relative high level, thus there may be some chance that the board market may see a bit pull back shortly.

Stay safe and healthy~

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