iShares Barclays 20+ Year Treasury Bond (TLT) just flashed a death cross.
The last cross signal in TLT was issued in June 2011.
Will this death cross fail?
That is the main question for now with so much uncertainty happening in Europe.
The death cross (technical formation when the 50-day moving average drops below the 200-day) can be used as a filter to help narrow down the field. Next, use the Seven Steps to Better Stock Trading to evaluate the sentiment and price action. Better yet, sign up for The Select 20 Stock Picks or use my free Total Indicator for eSignal.