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iShares Barclays 20+ Year Treasury Bond Fund Set to Possibly Rebound After Yesterday's Selloff of 1.20%

By Nick Russo

iShares Barclays 20+ Year Treasury Bond Fund (AMEX:TLT) traded in a range yesterday that spanned from a low of $120.71 to a high of $122.14. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $121.43 on volume of 4.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend is tracking the current trend status for iShares Barclays 20+ Year Treasury Bond Fund and will alert subscribers who have TLT in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, shares of iShares Barclays 20+ Year Treasury Bond Fund have traded between a low of $112.73 and a high of $143.62 and are now at $120.74, which is 7% above that low price. The 200-day and 50-day moving averages have moved 0.18% higher and 0.1% lower over the past week, respectively.

Keywords: rebounders amex:tlt ishares barclays 20+ year treasury bond fund

Ticker(s): TLT