Rising support is support until broken…..nothing fancy along this idea.

Regardless of the asset, buying on rising support with a stop below support, the majority of the time rewards investors. 

Yields, short to long are on rising support at this time.  Yesterday TLT looked to be breaking a key support line, while it was close to the top of a trading range (see post here)

This support line represents a good place to bet yields will move higher!  If support fails to hold here… one can only guess how ugly equities could get!

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past