After shocking the majority of participants by declining for the first 8 months of 2014, long rates look to be headed higher once again:

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30-year_yield_9.14.2014

 It looks like the long end of the interest rate curve put in an important low in yields at the end of August - A 3.50% yield on the 30-year Treasury Bond is a conservative short term target after Friday's huge upside breakout.

Interest rate sensitive equity sectors such as REITs (IYR) and utilities (XLU) should be avoided. Meanwhile, the bullish case for the US dollar continues to grow:

USD_Daily_9.14.2014

'High and tight' bull flag in the US dollar