TLT Follow Up

It was just 2 days ago I posted this article warning TLT was looking like a pullback.

Bonds still have a bullish overall look to them, but this pullback seems was needed.

 Here's the warning day at the red arrow.

 The UltraShort 20+ year ETF, TBT was suggested as a long play on the TLT pullback, you can see recent accumulation on this 15 min chart at the white arrow.

I view this trade as more of a swing trade and nature and therefore would keep a trailing stop on the trade, like this 10-bar s.m.a. on a 60 min chart.