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June 1st, 2015: TLT Chart Update

Posted by pugsma on June 1, 2015

12:20 pm EST:   TLT is showing a potential Inverse Head and Shoulders (IHS) pattern on the 60-min chart with a head at 118.13, neckline at 123.57 and a target of 129.01.  TLT looks to be putting in the right shoulder now with a target area of at the 50%/62% retrace of 120.85/120.20.  The left shoulder was at 120.37.

TLT 60-min chart:

PUG TLT 60-min chart 6-1-15

TLT daily chart:

PUG TLT daily chart 6-1-15

TLT weekly chart:

PUG TLT weekly chart 6-1-15

 

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