Bonds are testing critical support zone - Neck line of H&S

Treasury bonds are falling of a cliff following a bearish breakdown (see in the chart)
Now testing an important support zone - Structure and also the neck line of a weekly H&S pattern

That's a critical support zone!
In case that it will fail to hold, we can see massive selling in bonds.

Beyond Technical AnalysisbondsChart PatternsdollarSPX (S&P 500 Index)TLTTrend Analysis

Also on:

Disclaimer