Saturday, August 27, 2011

DailyMarkets.com - Charting The Breakout And Current Levels To Watch In Bond Funds TLT And IEF

DailyMarkets.com - Charting The Breakout And Current Levels To Watch In Bond Funds TLT And IEF


Charting The Breakout And Current Levels To Watch In Bond Funds TLT And IEF

Posted: 27 Aug 2011 09:57 AM PDT

You're probably aware of the large price breakout in defensive bond ETFs TLT (20+ year) and IEF (7 – 10 year), but it's always worth reviewing along with current price levels to watch for support or a reversal signal.
Let's start with the daily chart of the popular TLT fund:

Investors can turn to TLT when they want to take off some stock market risk, or desire to play for a bullish move in a traditionally defensive market.  Short-term traders can of course use these ETFs as any … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


No comments:

Post a Comment