Long Bonds…short Oil….

As you have read from my previous posts, I was looking to be bullish TLT and bearish Oil. I have opened long position in TLT at the back test of the broken resistance at $122.30 while I have opened new short positions in USO (Oil) and expect to add to short position on a break below 13$ looking for a move towards 12.40-11.85$.

Just wanted to share my thoughts and my actionable ideas….have a great MAY!!