Just a pretty straight forward head and shoulders forming. Guess market doesn't like low yields after all? Time frame - probably B-wave rally ahead of next FOMC, then dump before FOMC. I'm trying to trade bear call spreads above 114 using TBT (better use of capital at $26 strike on TBT) and will sell bull put spreads at TLT near 120...probably....on TBT that's a bull put spread somewhere around $22 or $23.
Thoughts?
Thoughts?