Replies to post #17683 on Profunds index and sector trading (PRO)

[was Steve]

another beauty and a lovely graphical representation of another reason the rising rates fund is approaching a buy. another great chart gizmo.

[choad]

Gizmo, If 50% retrace holds up on this move, like the last correction, then we should be right there.

[was Steve]

TNX is within 1% of the uptrend line you drew on todays pullback to lower levls . getting close to decision time for bonds. by roungh measure i have it at 40.75. currently at 41.16 .

chart is at the post i am replying to for threadsters who want to see a pretty pic and what i am talking about