Look at this 2 year, weekly chart for TLT. It is completing an inverse H&S bottom THIS WEEK. The symmetry is perfect. One year, 52 weeks from the left shoulder to the head and another exact 52 weeks from the head to the right shoulder. Even the one year from the head to the right shoulder this week, is split perfectly by 26 week intervals with a midpoint bottom equidistant.

This is a beautiful, symmetrical chart that indicates rates have topped out, FOR NOW. I don’t know how much, or how long, a rally in bonds (lower rates) will last. We will have to see how things develop going forward, but for now, if you were short bonds or playing for higher rates, one might want to take profits and go the other way, at least for a trade. (This is not investment advice, just my opinion.) https://schrts.co/WrJdHTfA