The TLT (20-30 yr Treasury bond ETF) swing trade has just hit the final target (T4; downtrend line & intersecting 95ish resistance zone) in the pre-market trading session for a 14% (or 28% beta-adjusted*) profit. Consider booking profit or raising stops if holding out for additional gains. Original (Oct 19th trade setup) and updated 60-minute charts below.
TLT 60m Oct 19th
TLT 60m Dec 6th
*The suggested beta-adjusted position size for this trade was 2.0, or twice a typical position size, resulting in a beta-adjusted gain of 28%.