AMEX:IEF ISHARES 7-10 YEAR TREASURY BOND ETF
It looks like the rally in bonds is finally done because it had 3 legs up and is forming a potential M pattern. The obvious target is back down into liquidity at the 200 . What this means for the market is that it should have a strong rally to finish off January in a positive note and a positive tone for the rest of the year. This final move in bonds confirms the strong rejection off the lows in the market.