Just simple marking of the various lows and highs of TLT shows that the last swing high of the chart was lower than the previous one as was the low. Therefore this could indicate that the bond bear market is actually continuing and that the previous apparent reversal was a false breakout. If we close this week below the previous swing low I think that spells trouble.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.