Chart Study – the Long Bond

Here’s an annotated chart of the 20+ year Treasury bond ETF. Technically, this is set up for a possible fall (dislosure: I am short via the double inverse ETF [ticker: TBT]). Inverse and leveraged ETFs can be dangerous; they are for trading and not for investing, but the day to day volatility on the underlying long bond is not too severe. So far my position is slightly under water, but it continues to show potential.

Click on chart to expand

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