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Bond

iShares Barclays 20+ Yr Treas.Bond (TLT) : Fail to hold on to kumo support

 

TLT fails to hold on to its bullish run and break down from the kumo support.

A bearish cross was sighted on the Ichimoku chart and today the price open below the kumo support of around 90.6

On the Ichimoku Daily chart, we can see a support at around $89.6

 

And on the Ichimoku Weekly chart, support is around $88

Note:

US govt. is in negotiation talks on the government budget. This will have an impact on the overall market.