Thursday, September 2, 2010

TLT, TLH, IEF -- Treasury Trend Channels

So far bonds and notes are still within the main uptrend. Drops below the trendlines on these ETFs would be a good set up for a buying opportunity, but so far no one's changed the channel.

update (3 p.m.): Below is is a little different version of the trend channel idea, based on an equivolume chart of TBT: