TBT looks to continue down to test support, but be on the lookout for a higher high if it breaks through the dotted line marked below. If that happens a short term bottom could be in.
TLT is stuck in the middle of a giant wedge formation with an upward bias. It makes no sense for Bonds to go up, but we always have to watch the charts as price is king.
Bonds Look Surprisingly Bullish…
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