Saturday, January 9, 2010

TA Spotlight - Long Bonds

Beat the grass to startle the snakes.

Long bond money flows suggest that commercial traders are defending critical neck and trend line support. Price/momentum and volume divergences are beginning to reflect the influence of the above flows.

Where we go from here depends on how many of the weak-handed snakes get startled.

Long Bond ETF (TLT):

0 comments:

Post a Comment