iShares Barclays 20+ Year Treasury Bond previous forecast(09/03/2010):
In my September 3rd post, I mentioned there is a 25% chance that TLT move up to ~105.28 level then we get a pull back. TLT just did that; it rallied to 105.78 and pulled back .Please note as long as the up trend is intact,bulls have the upper hand. Pay attention to 102.7 support level, if it gets violated you have no business to be bullish on bonds. In this case TLT should tank to 98-97 levels. On the upside pay attention to 109.5 level if TLT gets above it bond bears will get squeeze.
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