After months of forming the pattern, bonds (TLT) finally broke support today. It’s a clean little H&S pattern.

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After months of forming the pattern, bonds (TLT) finally broke support today. It’s a clean little H&S pattern.

Not that gaps and trendlines have proved much of a match for the trillions of dollars of endless Fed stimulus, but these are major enough, I feel inclined to point them out:

The TLT is an interesting little pattern worth watching. It has been range-bound for many weeks.

Here are some ETFs whose recent strength has been soundly rejected by the forces of reason, skant though they may be these days.
