Long-term Treasury bond fund TLT is on an attempted breakout of its own. Ref. the previous update showing the Energy sector trying to do something similar.
It’s a super interesting but frustrating market at the moment because these two are antithetical to each other. i.e. if TLT breaks out XLE should fail along with other inflation/reflation trades, at least temporarily. A breakout in TLT (and the long bond) would also compromise the Continuum’s right side shoulder, most recently shown in a post this morning.