Bonds…TBT

It’s pick a swing day. 130 +- a few…131+- a few ticks

are the major retracement levels coming back up in the 30 Yr. Bond futures

from the 125.18 double bottom and our exit area ( app. 138.20 ish in the TBT)

On the Nov. 15th close.

I am looking to sell this Rally in the bonds and buy the TBT again. The level I would suggest in the

TBT is 34.45-65 for the lowest risk trade.

The Spu/Bond spread has been in full swing the past few days ( Short stocks/long Treasuries)

Short term traders need to pay attention to their time frames and Chart patterns. I.E. the possible double bottom

in the Spu @ 1082.50.

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