Mike Paulenoff writes that the ProShares UltraShort 20+ Year Treasury Bond ETF (TBT) is climbing towards a confrontation with the September-December resistance line.
Over the past two days we have seen relative strength in the Nasdaq Composite, especially in Nasdaq 100 ETF (QQQQ), as evidenced by the 15-minute chart.
The Russell 2000 chart has been slowly transforming into a more positive formation in recent sessions, and this would suggest that a seasonal rally could be rewarding to the small cap stocks.
Copyright 2026 Tiger Shark Publishing LLC . All rights reserved.
It should not be assumed that the methods, techniques, or indicators presented on these websites will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these websites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, Tiger Shark Publishing LLC, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.