Joe Friday: "Just the Facts"
August 27, 2010  Analysis from Chris Kimble 

It's Friday, and right on schedule Chris "Just the Facts" Kimble does his Dragnet impersonation, this time with a focus on iShares Barclays 20+ Year Treasury Bonds (TLT).

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Last week's technical analysis quiz presented a case that TLT was up against a crossroads of resistance.

As the chart above shows, TLT did break above resistance for a few days. But after today's large decline, it has broken all support!


For the most up-to-date Kimble analysis, check out Chris's blog: Kimble Charting Solutions.