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.
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4 comments:
Wouldn't this be bad for the stock market then? A possible crash scenario?
-traderwannabe
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.
Bond market is also have a big role in Share Market
nice article thanks for the post.
stock tips
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