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Wednesday, October 12, 2011

TLT - Top in place

Just four days ago I had a post, where I waned of a possible in the TLT, see the link below:

http://theelliottwavesufer.blogspot.com/2011/10/tlt-fractals-and-testing-important.html

We have now seen the break below the red channel support-line and even support at 115.76 is broken and the top should be firmly in place. That means rising longer term (+20 year) rates.
Next support comes in at 110.90.

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