William85
04-16

$iShares 20+ Year Treasury Bond ETF(TLT)$ the 20+ Year Treasury Bond Fund, has triggered short-term oversold signal. However, it's worth noting that $TLT tends to be a suboptimal candidate for mean reversion trades from oversold conditions. Historically, only 39% of the time has the price been higher 10 trading days post-signal. Moreover, its long-term trend has been bearish since late 2020.

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Comments

  • XianLi
    04-16
    XianLi
    Appreciate your efforts in breaking it down for us.
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