For now, $TLT has found support on our blue line at $82 and has slightly bounced to $84, when this stops bleeding, equities should benefit, so a strong reversal here is what we want to see.
This has fallen from $180 to $82 in 3 years, this is certainly overdue a bounce and is back to a level it has not seen since 2011, this is also a strong support level.....so if it is going to bounce, here is the place to do it!