Bond Channel

US Treasury Bonds (represented by way of TLT, shown below) has succeeded in two important breakouts: the descending trendline (green tint) and the price gap horizontal (yellow tint).

Looking at the 50/100/200 exponential moving averages by themselves, you can see how a positive crossover could be forthcoming in days.

(Click on image to enlarge)

The simple fact is that bonds have been in a bullish uptrend channel for four decades, and nothing has broken.

(Click on image to enlarge)

Disclaimer: This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.