This ETF proxy for long-dated Treasurys looked promisingly perky until last Thursday, when it spiked to a high that narrowly failed to clear an ‘external’ peak at 97.37 recorded on August 8. The subsequent relapse on Friday generated enough momentum that bulls will have their work cut out for them if they should attempt to slow the fall.  Otherwise, look for this vehicle to continue its long dirge down to at least p2=88.05, the secondary Hidden Pivot support of a pattern projecting to as low as 80.84. Presumably, that would square with my projection of a 5.53% rate on the Ten-Year, which settled last week at 4.17%. [ Note: The chart and downside targets have been corrected to replace earlier data that appears to have come from the Twilight Zone.}