For TLT to resume bull status, it would need to close above 122.77. Also RSI > 50…
T means transition
The first T is the taper transition to no QE and falling inflation/rising USD. The second T is the transition to interest rate rise territory.
Dec 18 was the Fed meeting announcing taper to start at Fed meeting Jan. TLT went down for a week then started upwards.
Possible dates for turnaround if VIX HA > 15,
June 29 or July 6 at open.
ROC20 shows SPY overdue for 4 to 5% drawdown…
Also news links..





