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.


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