This is a 120 minute chart of TLT, about to breakdown below its 23 year low price level. We took an initial look here, but today looks to be close to a critical breakdown. TLT Hourly A close below the bottom blue support line, below $80.50, is our trigger to buy the TLT January $80 puts. TLT January $80P Interest Rates (10 Year Yield) Major support being tested - the bet here is what happens to interest rates if test fails?
