TLT looked like hell again last week, as usual. However, I will accentuate the positive for a rare change, as I did in this week’s commentary featuring T-Bond futures.  Turns out 2024’s downtrend in both vehicles occurred within the context of respective reverse-pattern buy signals. Yes, it’s a stretch to think both will turn higher without taking out their ‘C’ lows, especially since they’ve been falling since the first quarter of 2020. But if you’re willing to consider the contrarian point of view, the picture for bonds has been so gloomy for so long that perhaps it’s time to consider the bullish possibility.