Last night was another perfect Illustration of how the 30 yr Bond Futures traded a level ( 145.12)
the ETF ( TBT) will not see for a while, which was the exit zone just below 17 in the TBT.

When the ETF’s are traded on a 24 hour clock the advantage could swing towards trading the ETF’s.

The point & Figure chart shows we could retrace to the 148.15 area. We’ll be looking @ 148.12-149.12 to short.