This post is a follow-up to last weeks quiz on dshort.com, that presented the case that bonds were up against a crossroads of resistance. See the full story here and the quiz reflecting resistance.
Today, TLT broke numerous resistance lines on a rather large decline.
Sri,
Logical first price level of support you mentioned.
Will see how things look when prices get there.
See Sunday nights post for critical Fib resistance that came into play!
Chris
Chris,
Do you think short-term we are looking at that 100-101 on TLT or, is this just a pause before trying to go to higher levels?
Thanks.