TLT is in a downward trend with bearish 20/50/200-day MAs; do not buy despite the pause in decline.

Now , just because we're pausing doesn't mean you should rush in and buy TLT. just because we're pausing doesn't mean you should rush in and buy TLT. Bonds may have finished their decline a little, but I don't expect a big rise.

It may extend to the 20-day moving average. Then I will think the same thing. It is likely to fall back to the volume-weighted average price from the bottom. So, it might go up and then come down like that .

I wouldn't be a buyer there because we have bearish moving averages for 20, 50 and 200 days.

It's an opportunity to look at it and say, you know, basically leave it alone . There is no reason to consider this as a purchase option. It's not something I can see. We are in a downward trend.