Below is the daily graph of TBT -ProShares UltraShort 20+ Year Treasury (ETF) which is showing first signs of bullish trending behavior. As Yield of US 10 year Treasury note already above 200 DMA inflation theme is on full throttle. Any reading of weekly MACD above zero will make this ETF explode to the upside. Several closes above 200 DMA will bring the big trend investors so watch TBT !!!
TBT – flirting with 200 DMA