Long-term treasury bonds continue in bearish downtrend

FLBIX chart

In our February 13 blog entry we said that the Fidelity Spartan Long-term Treasury Bond fund (FLBIX, last change: 0.83%) is entering a bearish period. More than a month later, the downtrend is even more evident on the chart.

 

Technical analysis screens are provided by FidelitySignal.com  

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s