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Longer-Term YIELD Continues to Press Lower in Aftermath of FOMC Rate Hike

FYI, 10-year YIELD has violated last week's post-Fed rate hike low of 2.48%, and appears heading for a confrontation with the Nov-Mar up trendline, now at 2.44%, which must contain downward pressure on YIELD to avert potential weakness into the area of significant multi-month support at 2.33%-2.30%... 

This pressure does not bode well near-term for the ProShares UltraShort 20+ Year Treasury (TBT), the financial sector, banks, the Financial Select Sector SPDR Fund (XLF), etc...

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