RT Swing Trader Blog | News
22Dec/090

Reaction swing signal sends T-Bonds tumbling. [chart]

From the TMV Swing Trade Report (12/21/09) The Treasury yield curve, a barometer of the health of the U.S. economy, widened to a record high, as investors bet an accelerating recovery will fuel inflation and hurt demand for unprecedented sales of government debt. Chart wise, T-Bonds confirmed a bearish swing pattern, with a close below the descending median line. This portends a price swing towards the lower parallel line as the market approaches the December 29th.   The T-Bonds sell was triggered at 116-30 with the stop loss at 117-25.

March T-Bonds

March T-Bonds

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