$TNX Weekly
Is the inverted SHS pattern valid? Lets see if the “neckline” holds.

HYG – High yield corporate bonds broke support.

TLT Twenty years treasuries are sitting on a massive potential head and shoulders top.

$USB Thirty years treasuries broke below their SHS top and are challenging the up trend rail.

TIP:TLT – Is there is a ray of hope in here for the goldbugs? You decide.