Wednesday, April 6, 2011

Negative Techncial Setup In US Long Bonds

The long bond capital appreciation index which ignores income return reveals technical weakness in the nominal trend. The rising wedge since 1981 has already broken and topping formation is nearly complete. Bill Gross’s recent withdraw from US Treasuries suggests recognition of these events.

Long-Term U.S. Government Bonds Capital Appreciation Index (LTGBCAI):

1 comments:

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