On this chart TLT is graphed on the weekly timeframe. Notice the custom indicator lines. If you are interested, contact me about them. TLT traded in a tightening range for many weeks. Note the narrowing of the indicator lines. Additionally, there appears to be a Triangle Consolidation that is taking place with 3 Inside Weeks in a row! A breakout either way could be strong, but upside, IMHO, is favored.