Tuesday, May 19, 2009

Treasury Bond Mid-Month Update

iShares Barclays 20+ Year Treasury Bond May 18th.
iShares Barclays 20+ Year Treasury Bond May 7th.

It's critical for treasury to hold on to S2 support. Note that 61.8% Fibonacci retracement acted as resistance.

you might want to check out my post back in May 7th. http://the-us-microeconomics.blogspot.com/2009/05/treasury-bonds-at-support-level.html