Quick issue here, and recommendation. Take a look at this chart: It’s a chart of the 30-year U.S. Treasury bond futures. It’s formed a very nice pattern with a post-Brexit rush to safety, pushing its price higher, peeking, then sliding – and now forming a secondary peak.
Cycles also point lower. The sovereign-debt bubble in the U.S. may be starting to burst.
I see another drop coming to at least the 165 level.
All members should act on the following recommendation immediately:
Using 3% of the funds you have allocated to this service, buy shares in Direxion Daily 20+ Year Treasury Bear 3x Shares, symbol TMV, at the market. Place a good-till-canceled protective sell stop at $14.87. |
This ETF is a 3x inverse ETF.
Hold all other positions and related stops and stay tuned.
Best wishes,
Larry