My vehicle of choice for trading Bonds & Interest Rates is TBT and it's reverse, TLT. Below the current 120 Minute TBT chart.
Last week's A-B-C decline was the perfect foil to shake out weak hands before the start of the next move up. With the help of Blue Wave, Elliott Wave and False Bar Stochastic I went back in this morning, expecting a near-term move to 60, as shown above. I bought the June 55 calls @ $2.00, looking for a double before expiration.