As the US 10 YR retests the 200 Day MA from above, $TLT is testing its own 200 Day MA from below.....this is how inversely correlated both of these positions are, which is a good thing, so we can take advantage.
If $TLT can break above its 200 Day MA, it also means it has broken out of this bullish descending wedge too, which will be a big win for the bulls.
This $TLT chart has not changed in over a year now.
Wave C remains my target at $110