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Chadison-Brosevelt

EXCELLENT Risk to Reward on TBT

Long
ProShares UltraShort Lehman 20 Year Treasury (AMEX:TBT)  
Chadison-Brosevelt  
AMEX:TBT   ProShares UltraShort Lehman 20 Year Treasury
Wave Analysis Beyond Technical Analysis shortbonds Gold TLT bonds
4
0
waveanalysis beyondta shortbonds gold tlt bonds
With TLT showing signs of a top and gold on its march to lower lows I see a clear opportunity in TBT. Five impulsive waves up, followed by a 3 wave correction to the 61.8 Fibonacci and is poised to continue upwards... Excellent risk to reward here if you have a stop just below the retrace level...

Feel free to hit me up with any questions!

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