Both the Dec. and the March Bonds are attempting to put in outside reversal

days and weeks to the downside. These patterns are generally price negative.

You’ve seen earlier in the week off the monthly patterns that you need a couple of days for confirmation.

Having said all that the market is getting mildly oversold so I would not increase my exposure by more than another 20% of current holdings.

Yes, add another piece to your TBT position.