US Bonds ETF: TLT

I noted in my w/e analysis how the US Bonds ETF, TLT, looked to have made a classic, triangle breakout move. That is, a breakout and pullback to test support before bullish continuation.

TLT weekly: triangle breakout, pullback and continuation:

TLTweekly

TLT weekly: The chart also has a bullish Cup ‘n’ Handle pattern look to it as well though:

TLTweekly

Summary: The ‘Handle’ trend lines and $125 look like they’re worth watching!