Wednesday, December 10, 2014

Emerging Market High Yield Bond Fund (TGEIX) Continues Plunge After Breaking Support

TGEIX has fallen hard after tagging the underside of the 200 day MA line and resistance back at the end of October 2014. 

Most recently, TGEIX has continued to fall, through the green long-term support line and shorter term falling support line at about $8.32, to $8.10.  

Click Chart to Enlarge

Not Investment Advice | Important Disclaimer: 
The content in this article, including the identification and discussion of any specific security (e.g., bond fund), is NOT meant to be and should NOT be construed and/or used as investment advice. This article is for general information and educational purposes only. Please read the Disclaimers  for in their entirety. The U.S. Securities and Exchange Commission website has guidance on selecting an investment adviser.

Financial Disclosure:
The author/publisher has no position in corporate high yield bond funds at the time this article was written.

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