HEADS UP TLT BREAKING OUT

123.43 BROKEN... VOLUME !!

Well, the ten year hasnt broken out yet Semi, although my measured move projects to 134+, it hasnt broken out so its too early to tell how that seeming bullish cup and handle is gonna resolve:)

http://www.finviz.co....ashx?t=ZN&p=d1

for the short term - it is a double top at 133.10 so the first reaction will be sell this dbl top - then we see how far down they sell it, IMO.

Edited by dasein, 17 April 2013 - 12:40 PM.

TLT tested the last day of extreme volume high at 123.43 on much lighter volume and pulled back, as it should on a bearish upthrust, nevertheless TLT closed back inside the trading range at 122.79. Good enough to expect another push back up to try to close over 123.43. A close now over 123.43 leads to a test near 126.00...