TLT had a great 2014 and early part of 2015. TLT hit the top of this steep rising channel a few months ago and stopped on a dime.
Now TLT is attempting a breakdown of this channel, where it rallied over 35% in a little over a year.
Could a rally in some commodities, (Gold/Silver/Miners) and the Euro have some bond players spooked/nervous? Could be!!!
Full Disclosure…Members have been overweight the Energy and Metals sector for a while now.