Despite continuing equity market weakness today, TLT had a reversal on it's daily candle (not shown). Looking at the resistance line shows that it was violated, but only briefly before racing back below, indicating a reversal of direction. Should easily come back down to around $119 and potentially $116 as a more aggressive target. Could even indicate a reprieve from equity market weakness for a short period. If you don't want to go short or buy puts, you can also buy TBF the short 20+ treasury ETF.