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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: sandeep who wrote (30021)3/18/2012 6:25:39 AM
From: GROUND ZERO™  Respond to of 220319
 
You may be very right longer term, but I'm just following a near term signal, a bounce is due here...

GZ



To: sandeep who wrote (30021)3/18/2012 10:14:26 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 220319
 
Here are two charts worth considering... first, the TLT, the 20 year note ETF... it looks like the 200 DMA held it for now, I think we'll bounce from here, maybe back up to 116 or even 118, we'll see... below that, the weekly bond futures chart, it also came to a good looking support area, it should bounce at least...




GZ