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[PIK.]

TLT is starting to follow-through some in a longer term topping process. The previous multi-month consolidation has now weakened to the point where key support is now being broken as noted on the daily chart. The weekly longer term chart displays a solid uptrend line well below current prices and the longer term price pattern weakening. If prices continue to break down here and accelerate, additional money flow could come from this area into equities and provide additional support for the current uptrend. Click on charts to enlarge.