TLT Weekly Chart

Below is a chart of TLT on a weekly basis. The red circles outline the selling points - on the first one, my long term indicator and Parabolic SAR went negative. On the second one, my short term indicator went negative as well which started the big downtrend of the last couple of months. However, the green line outlines a good support line around $88 that has held since 2008. We could see a bottom soon, but the long terms prospects are not good as rates will have to go up either because the Fed decides it or investors will make the decision for them.