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$TLT is the 20yr bond ETF. If you think interest rates are going to rise $TLT will fall and vice versa. Friday bonds jumped in value and yields dropped after the jobs report. Overall it was a volatile week. In my view TLT is at a very important point of support/resistance and a break either way could send it soaring or plummeting.
I also think TLT, just judging from the chart, has a chance at duplicating SLV and GLD's drops from earlier this year. Will it happen this week? Or will it do the inverse and soar 5-7% this week?
Let's see if you an get it right.
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$105.75
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