H&S Pattern Confirmed - Almost Oversold
Looking at a few possible bottoms, the news cycle has been vicious for bonds, this is the sort of news you see at a possible bottom. Full on capitulation to get those bottom barrel discounts. RSI just entered oversold, but barely, going to start looking at taking a position, but not yet. It is attractive, but not free money yet. Likely want to take a position in the futures market instead of TLT calls and will start with 30 yr analysis.
Note
closed 
TLT calls, closed 30yr longs for about 30 ticks, scalped other small moves on way up. neutral position but holding small amount of tlt puts.
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