/ZB (30-yr Treasury bond futures) and TLT (20-30 yr T-bond ETF) once again offers an objective long entry here on this pullback to the same support level we entered the previous long swing trade a week ago today for a quick bounce trade. That trade was closed at at the sole price target (T1) which is now T2 for this new trade with the first target (T1) slightly below that.
ZB 60m Oct 21st
TLT 60m Oct 21st
Due to the inherently low volatility of Treasury bonds, the suggested beta-adjusted position size for this trade is 2.0+ with a suggested stop below 91.60 on TLT. 60-minute charts of /ZB & TLT above.