Users: Closing Basis - go with the flow: 051614 - TLT resistance.jpg

051614 - TLT resistance.jpg

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Closing Basis - go with the flowClosing Basis - go with the flow
TLT tested it's long-term downtrend this week and failed to break out. Not sure how this fits with the broad picture yet. There is potential that a move to $117 to test the "dotted" channel is underway, but given this week's reaction, TLT will likely consolidate first, but it will do what it will do. 5/17/14
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