At end of month on Monday, a clear signal forms as to the direction of TLT based on the decision table above. Jun 22,23 are also possible.

Gas Buddy has fallen over the weekend so TLT will pop about $3-$4 next week. If the Fed announces an interest rate rise on Jun 17 (not implemented though), TLT should fall again setting up the rebound for Jun 29. Initially TLT falls but then rebounds and establishes a new bull market.  Initially SPY will rally as well due to announcement only and not implementation. But then interest rate worries take over and SPY comes under pressure and falls.

The currency markets will like the USD due to planned interest rate rise.  A rising USD is a primary driver for TLT.