3 
Looking at TLT – notice a couple interesting things –
1. The last time bonds crashed they found support at their 200 DMA and rallied to new highs
2. Price today bounced off the 50% Fibonacci retracement from the March 19 low
Summary – not a bad place for a buy here and the 200 DMA makes a good stop loss
3 Responses to “Are Bonds about to Bottom? – TLT Chart”
alf44
… “Bottom” in the blog title … and not a “bottom” ANYWHERE in sight !
SIGH !!!
—
Ohhh !
You were referring to that boring old chart of TLT !!!
😉
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alf44
… where did your “mea culpa” post go ???
Did I just imagine reading that ?
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texasradio
On the futures, both $TNX and $TYX have a significant gap open from 9 APR 12. It sure would be nice to see that fill prior to the coming collapse in asset prices. That would also likely coincide with a fill on the upside $RUT gap.