Following Sunday's post on TLT here are a few more indications that the yield curve may be constrained going into 2017 with limited yield impact from potential FED rate hikes.
Of course this is Santa Claus rally week but we've seen TLT run convergent with SPY before so this is not necessarily a problem for a rise in TLT.
Note that the 2 Day Alert signal is completely divergent on M1 versus VPR.