Wednesday, February 10, 2010

Bonds Make A Two Week Low



Today the Bonds (TLT) were down almost 1% posting its lowest close in over 2 weeks. The downtrend line which began in October appears to be holding after a test of this trendline last week. The most likely downside target for TLT would be a test of the year low which comes in around the 88.50 level.

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