RizeSenpai

Yields Prepped to Spike Higher after a Confirmed TLT Breakdown

Short
NASDAQ:TLT   Ishares 20+ Year Treasury Bond ETF
The TLT has broken down an Ascending Broadening Wedge and given us one Bearish Confirmation back test; now we are looking for a second lower high within the range of the breakdown to truly get convicted on the move. However, for the time being, I do think this chart should be watched, as I have a suspicion that a lot of the shorter- and midterm bond yields are going to spike higher along with the US Dollar for reasons I already explained in this post here:

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