TNX looks pretty if you’re a bear

All charts courtesy of either:

Stockcharts.com

thinkorswim

Prophet Financial Systems, Inc.

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By: Stubborn Bear

Jun 10 2008

11:34 pm

Tags:

Category: Setups

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Tag cloud: INDU IWM IYR IYT NVDA QQQQ SPX TNX UPS USD VIPSX XLF

The 40 level has been reclaimed. First attempt over the 200 MA didn’t hold but it looks like it might actually hold this time. Continuation pattern suggests a move to 43. Double bottom is telling.

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