As you can see, the pair has been steadily trending for some time now. Does this break signify the beginning of a trend change? I don't know...my gut says no but I'm biased because I'm long the pair. Nothing goes straight up or down (or at least it is a rare occurence) and a good pullback is probably long overdue. I added a little to my position this morning and am sticking with the "buy the dip" plan until I'm proven wrong. I'll know I'm wrong when my stops are hit (still a couple of hundred pips away from that) or when my system registers a sell signal on the daily chart...sell signal will probably register if the pair closes below 96.70 level. Since neither of those conditions have occured, I'm adding.Good luck out there.
TLT
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