Booking Profits. Bears Lurking…?

The recent rebound that we have rode up is showing indications that the strength could peter out and may not be able to hold up in the coming days. Not to say the markets are not going up further, but as it stands, it looks as if it wants to take a breather here and would be prudent to take some profits into strength in the coming days ahead and be patient till the next signal for another higher probability trade. Taking profits on $IYR and $IYT into strength.

$BIDU short possible set up.

$TLT Long could be in the cards soon.

Still looking to buy in mid June or on weakness.


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