Replies to post #182 on Ishares Trust Barclays 20plus Treasury Bond ETF (TLT)

[frenchee]

thanks

I look for set ups where price action is outside the lower BB for two or more consecutive days and then see a positive divergence with a momentum indicator. This configuration often provides a good short-term long to the mean inside the BBs.

[frenchee]

.<font color=red>Probably a great shorting opportunity soon. TLT's price trend has a negative divergence with all the indicators on the daily charts for 16 Nov 07. I don't recall seeing that before.

[frenchee]

I wouldn't be surprised if yesterday was the short-term high in TLT. Both RSI and Stochastics are flashing sell. Since the ADX is high and trending higher, I wouldn't short it until it can decisively close < 5-day EMA.