AMEX:TLT ISHARES 20+ YEAR TREASURY BOND E
I published this same chart last year before we started the decline in the TLT . With the recent failure of the bat I believe this is the sturtuce to be looked at. I believed interest rates would spike. I think the story going forward for 2014 will be rising rates. With all the large Indexes nearing their Price Reversal Points, I think this plays well with that. I believe we will probably get some euphoria in the upcoming two weeks. I will be shorting any rally though. You have to wonder if something bigger is unfolding though. Is a prolonged market in bonds and on the rise?