The 20+ Year T-Bond ETF (TLT) is at a make-or-break level with two key employment related releases over the next two days. An improving employment picture would likely lead to a support break, but further weakness in the employment numbers could keep bonds buoyant.
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About the author:
Arthur Hill, CMT, is the Chief Technical Strategist at TrendInvestorPro.com. 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.
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