TLT at All-Time High

The iShares 20+ Year Treasury Bond ETF (TLT) resumed its parabolic run after zooming to $145.73 and another fresh all-time high. Blue-sky and lower resistance at $145-$145.50 was cleared and held. Continued closes above the latter could lead to upside potential towards $147-$147.50.

Rising and near-term support is at $145-$144.50. A close below $144 could lead to a quick backtest towards $142.50-$142.