TBonds are testing its 3 month downtrendline but still holding above its 18 month uptrendline which just recently bounced off major price support. The major uptrend is still intact with the 146 level major price support and the 18 month uptrendline as well. Only a close that holds below 146 would suggest this uptrend is reversing. And a break above the 3 month downtrendline would be bullish and suggest a rally to a double top for starters. With the 3 month narrowing price pattern, lower technicals are sideways and choppy. Tight range now with a breakout or breakdown nearby.