Bad Auction Bonds

Added on by C. Maoxian.

Apparently there was a bad bond auction yesterday ... in any event, there was a beautiful "impulse bar" (an old Linda Raschke term) at 1 PM after which price zig-zagged creating a perfect set-up on the five minute.  Below are the TLT and TBT (the short fund) charts which are worth close study:

TLT 5 minute

TBT 5 minute