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AwesomeAvani

TBT Ultrashort Treasuries Ready to Reverse

Long
ProShares UltraShort Lehman 20 Year Treasury (AMEX:TBT)  
AwesomeAvani  
AMEX:TBT   ProShares UltraShort Lehman 20 Year Treasury
Fibonacci Economic Cycles Double Top or Bottom TBT bonds TLT reversal fibonaccianalysis
2
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fibonacci economiccycle doubletoporbottom tbt bonds tlt reversal fibonaccianalysis
From the chart, the uptrend from the market top November 2021 peaked and reversed from

a double top. Now on the downtrend , it has hit the Fib 0.5 level of the retracement.

I look for a reversal to the upside now as that Fib level is tested and holding.

I will play this with some call option contracts with an expiration in 4 weeks.
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