This 2-Day chart for TLT is setting up a classic Wave 5 Sell Signal, our trademark pattern recognition trigger for triple digit gains on near-term options. TLT 2-Day Note: Jun Target $77...or lower. We bought TLT Jun $85P in early April -link-. They were subject to a 50% Trailing Stop from the April 11th Best Price retracement. A fresh Sell suggests getting back in for a new leg down. New capital: Any strike in the above table works.
