Running into resistance soon.

TLT has been walking up this trendline since about mid March but watch out, the pink line is a well established longterm trend that could prove to be major resistance. If that trendline holds we could see a reversal in bonds which would cause a rise in rates.

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We have ran right into the resistance line as well as the 50 MA on the daily, looking for a turnaround in this area.

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Found another trendline i like better, this could run up to 142.