Akksujean

TBT - US rates stay down...a little longer

Short
AMEX:TBT   ProShares UltraShort Lehman 20 Year Treasury
TBT trying to put a bottom in here with good volume support, a recent gap fill and potential selling climax

However indicators not confirming a bottom/turn up yet. Further, chart dynamics predict more down as the larger Wave 2 wants to finishes lower.

US will likely raise rates relatively soon and sometime later this year, with the rest of the world - just not yet.

Not financial advice.