$TLT Hitting Long Term Area of Resistance

Anyone who's followed me for more than a year knows I've been calling for 158-160 on TLT from the mid 120s. With last week's spike, we have now hit the upper bound of the long term channel (5th time) and the 161.8 Fib extension. This would be a logical area to pull back #bonds
bondsChart PatternsTLTTrend Analysis

Disclaimer