Don't Ignore This Chart!

Bonds remain in long-term uptrend

The 20+ Year T-Bond ETF (TLT) continues to trend higher within a large rising price channel. The ETF surged above the channel during the finance crisis of 2008, but returned to this channel in 2009 and resumed its rise in 2010. Long-term support is set at 85.

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Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London. Learn More
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