The “Power of the Pattern” suggested to buy bonds on 4/14 in this post (see post here)  Since that time, TLT is up over 5%.  Some say that is not a bad year for bonds

Now due to key fib resistance coming into play, the “Power of the Pattern” is suggesting aggressive investors should attempt to score on defense.


Not only is a few resistance levels in place for TLT, Sugar (SGG) has been a decent leading indicator for the future direction of interest rates, is breaking from a steep falling channel.  (see Sugar post here) 

 Game plan….Aggressive investors should take a stab at owning TBT, with a stop on an upside breakout should TLT keep pushing higher.  If TLT rallies more than 2% from here, you will not want to own TBT from that point forward.

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