Suggested to “score on defense” buy purchasing TBF, in the chart below, one week ago today (see post here). Wow, what a difference a year makes, as Govt bonds have been “HIT HARD!”
CLICK ON CHART TO ENLARGE
CLICK ON CHART TO ENLARGE
Game Plan….TBF position is up over 5%+ in the past week. ADD A 1% TRAILING STOP RIGHT NOW! This should protect gains should bonds bounce off the bottom of the channel.