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TLT hangs onto uptrend

|Includes: iShares 20+ Year Treasury Bond ETF (TLT)

TLT has been an effective way to express some skepticsm without getting outright short against a rigged market.  Don’t get me wrong, I think that the long term story for TLT and long-term treasuries will be an ugly one.  But for the moment, despite the dollar’s extreme weakness, TLT has built off its lows around $88.  For now, it continues to hold its uptrend line as it has regained its 50 day ema.