themarketzone

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

NASDAQ:TLT   Ishares 20+ Year Treasury Bond ETF
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.


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