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Joined Apr 1, 2010
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A Gritty Throwback

cobb02

I will have more to say about this throughout the week, but this check-back/throwback bounce in Treasuries today is going to be as big as any test in 2014 for bond bulls.

Note the breakdown of well-defined trend support on the daily chart, below. Another rollover and move towards $110 would see me taking another shot on the short side.

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TLT

 

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