US 20+ year bond chart analysis

US 20+ year bond ETF (TLT) has been in bearish trend recently, its recent low almost touched 61.8% retracement level.

While TLT's reverse version of ETF, US 20+ year bond short ETF (TBT) was in bullish trend recently, its recent high almost touched 38.2% retracement level.

The implications are to expect some sideway trading for both TBT and TLT before the trend resumes.