TLT - Continuation in Bond Sell Off.
Friday's move looks counter trend to me and should mark the return of rising rates like we have seen since May. DMI, RSI and ROC all made big moves indicative of a key reversal. Price is currently sitting at a key swing and should test a divergence of the 50 dma.
To trade this I like November option plays in $TMF.
To trade this I like November option plays in $TMF.