Why I'm bullish 10 year treasuries bonds

CBOT:ZN1!   10 Year T-Note Futures
This chart displays some convincing reasons to be long treasuries in a portfolio. Bonds and stocks could trade higher (together) over the long term... but treasuries are generally a safe haven asset that provide a good hedge against downside. Regardless of the implication, the price action in treasuries screams bullish to me.
Comment: Treasuries are now testing the upper boundary of the monthly range...

SPX500 looks awful with this monthly reversal candle.
Comment: The highs 140 end of March look like a strong top for now. It's been a nice move up (currently 138), now treasuries needs to rest. I expect downside from here. I'll get back to this chart at a later date.
Comment: The long is back in play. The price action has been very constructive. Here is what I'm seeing. I am already long but looking to add at 139'07 which is the 50 ma on the 60 min and represents solid horizontal structure.
Comment: I went short bonds:
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