Exercise #6
2.) Taking a look at the iShares Lehman 20+ Bond Fund (TLT), we can make which of the following statements:
A. The chart remains on a buy signal so it would suggest higher rates and higher prices for the TLT.
B. The chart has given a quadruple bottom sell signal. This means the risk is high for the TLT and the likelihood is to see rates rise and the TLT fall.
Go to the next exercise.