TLT chart analysis

TLT is bounced back from recent high of $94.7 and is attempting to form a bottom with a higher low.  Also the recent lower low of $90.16 is accompanied by flat MACD (13,34,9), a bullish divergence.  In addition, people are calling for ten-year yields to go back to 2.8% level, while it's now at 3.4%.  Should TLT successfully form higher low and breaks downward resistance line above, it's a good long candidate