We are going to go long TBT which is the Ultrashort 20 year Treasury. This means we expect the TLT to move lower, and 20 year treasury rates to move higher. Current Price of TBT is $17.39. We are using a $16.97 protective sell stop. **Remember TBT is a leveraged short, so position size lower if needed.
TLT looks like it is making a top as the OP keeps hitting new highs (which happened two months ago), and also just happened at yesterday’s close, wh…
