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Friday, August 13, 2010

bonds up

TLT bullish Wolfe Wave shaken, not stirred:

from 07/31/2010:
TLT above $100 and looks to have just bounced out of the sweet spot of a bullish Wolfe WaveFound support at the 50-SMA (and a pitchfork mid-line) before gapping up to it's 20-MA (and the Upper Median Line).This weekly is somethin' else! Price coming back into the +$101 level could spell out some uncertain times for equities (read, volatility).

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