Bonds on the Verge of Breakout

Bonds on the Verge of Breakout

I mentioned before that we aren't in bear market until TLT breaks 100. Well yesterday TLT failed on a third attempt to break through 100. Still TLT is marching up trendline A forming an ascending triangle and threatening to punch through 100. It may just be a fakeout, but if TLT breaks and closes above 100 it would be making a big argument that the bears are here to stay.

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