TLT is leading the pack today and tomorrow we’ll examine the recent breakout to better gauge its sustainability. Good thing we put that 1/3 ATR stop on XLB…it kept the trade in the green just before the turn around. It’s expiration week so the usual shenanigans are up. VIX in a bit of a contango this morning but seems to be straightening out at this post 60 minutes in. Big Volume BUZZ on XLE since the open.
Some opportunities on GLD/GDX as that pair rebalances.. but this is expected to be short term only. The dashboard above is from TC2000, not FreeStockCharts, although both are offered by Worden Bros. You can do a lot more with TC2000 and we’ve provided a quick link in the lower left corner of the home page if you want to try a free 14 day trial (no credit card required)(*).
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