Wednesday, June 23, 2010

Watch The Bond Market


Bonds have been forming somewhat of an ascending triangle. TLT is at the top of its range on an increase in volume.  A close above the psychological $100 level may prove to be bullish for this ETF.

4 comments:

Anonymous said...

Wouldn't this be bad for the stock market then? A possible crash scenario?

-traderwannabe

Kevin said...

Yes, if bonds rally it could be bad for stocks but I'm trading each market based on their own technical price patterns. I don't want to get too wrapped up in inermarket relationships.

Calloption said...

Bond market is also have a big role in Share Market

option tips said...

nice article thanks for the post.

stock tips

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