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Bond Bull Market Not Over Yet
By: readtheticker | Sunday, December 16, 2012
There is plenty to worry about for the modern day investor. Recession, fiscal
cliff, Europe, China and of course SP500 companies falling revenue estimates.
These worries are keeping a bid under the bond market not to mention the US
Federal reserve buying long 30yr bonds.
The power behind the bond trend is still healthy, the TLT is still working
with buy the dips. Cant see any reason why the upper range of this chart will
not be tested again.
The indicator below is the standard On Balance volume added together wth readtheticker.com
very own money flow indicator RTTTrendPower, hence the name of the indicator
RTTTrendPowerOBV.
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