Can Government bonds do a “repeat performance” again in 2012?

Posted by Chris Kimble on 01/03/2012 at 12:46 pm; This entry is filed under Govt. bonds, S&P 500.

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Government bonds did very well in 2011 (see table above).  They also did well in 2008.  TLT continues to deal with resistance, dating back to the 2008 highs at (1) above. 

Can TLT repeat in 2012 as a top performer?  At this time a bearish pattern in TLT is at hand at resistance and the 500 index is attempting a flag breakout to the upside at (2).

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2 Comments

  1. InvestorX January 3rd, 2012 at 2:25 pm

    The S&P Head & Shoulders Neckline, at 1300 will be a hinge pin event, break or reverse

    TLT at Resistance will be a hinge pin event, break or reverse

    UUP testing a 16 month old Inverse Head & Shoulders Neckline, will be a hinge pin event, break or reverse

    All 3 lined up like ducks in a row

    FXE has broken a 16 month old Head & Shoulder Neckline, with no retest yet… The ADX line above 20 with +DI below -DI indicating a Downtrend…”Trend Traders” would be negative with the 20 EMA below 50 EMA below 200 EMA

    The Intermarket Analysis stew simmers

  2. InvestorX January 3rd, 2012 at 4:52 pm

    Being tactically aware that forecasts can and will fail, and how you react to the change in direction, is more important than the decision you take today