Shortly after reading the Calculated Risk post on Crisis Fatigue, I received an email from Chris Kimble containing a technical analysis of the 30-year Treasury. Given the complex array of ongoing crises, Chris's technical perspective is especially interesting.

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Chris comments: The long bond continues to rally off of key rising support.

Of late a potential Bullish inverse head-and-shoulders pattern looks to be at hand in the long bond.

If this pattern is correct, the "neckline" has to break to the upside. If the neckline is taken out, bonds should rally, which would put downward pressure on stocks and commodities!