Bonds near reverting its downtrend, $TLT

The 20-year bonds ETF is near a key breakout level that should confirm a new uptrend in bonds.

This should be followed by a breakout above 4,100 in the SPX.

Just look a the bullish divergence between the MACD and the price of TLT, its a very good signal.

Let's wait for the breakout and follow through.