I like BND because it gives a good overview of bond market sentiment. Lets see if the market starts to take the impending rate rise seriously. By that I mean if the support fails to the downside.
The ETF representing the Vanguard Total Market is down around 3% off 2015 highs, and about 4.5% off the highest point in 2012.
First, the minor support level at 82.02 was broken, followed by the next minor support at 81.84.
A move below the major support at 81.37 will break the rising channel going back to the September 2013 low, effectively breaking the...