Position Updates & Gauges For Trading on 7/1/2016

Mish Schneider | June 30, 2016

***NOTE: TBT: Go back to original stop 30.24 for now +++++++++++++++++++++++++++++++++ New Position: Long ½ Position TBT at 31.82 ATR: .90 Name of Instrument: Ultrashort Lehman 20+ Year Bonds Current Price: 31.70 Reason for Trade: Four days of well over daily average volume in both this and the TLTs suggest a blow off top in long interest rates. Wednesday’s (6/29) pattern is an unconfirmed reversal pattern after TBTs made a new low. The ½ position

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