Our TLT Puts reached 100%+ profit levels, thus triggering Trailing Stops across the board. As is evident on this current table, each of the 50% of Best Return levels was touched over the past few days. What to do now? If holding partial positions after cashing out "at least half" of gains, simply hold through the indicated expiration. This trade is far from over and any further risk is well cushioned by already banking generous gains. If late to the party, or if the entire position was banked, its time to get turn up the leverage on both price and time. As a guide, here is an aggressive shorter-term wave count that carries into next month's expiration at attendant Fibonacci extension levels: TLT 45 Minute TLT May Expiration The May 16th Puts in this table all have 5X-8X potential if this forecasted five waves unfolds over the next month as shown on the above chart. On Deck: BA Wave 5 Sell Pending Needs a hard break of the Wave 4 Channel to trigger Wave 5 Down 5X to 10X Potential
