Bonds near reverting its downtrend, $TLT

The 20-year bonds ETF is near a key breakout level that should confirm a new uptrend in bonds.

This should be followed by a breakout above 4,100 in the SPX.

Just look a the bullish divergence between the MACD and the price of TLT, its a very good signal.

Let's wait for the breakout and follow through.
bondsbreakoutDivergenceTechnical IndicatorsSPX (S&P 500 Index)TLTTrend Analysis

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