Looks a bit like bullish divergence in the chart of AGG. It would surprise the greatest number of market participants if the long-awaited interest rate rally turns out to be a bond (price) rally instead.
I'm looking to go long here with a big position. My understanding of this ETF is that it is averaged between the 2 and 10. But it broke your trend line downside. What's your opinion now? Was that a trap?