The decline in the Ultra 10s has been textbook from the classical pattern perspective of daily chart (left) Broadening top Continuation H&S Wedge Rectangle and weekly graph (right) At Factor Trading we've traded out own capital (actual) since 1981 except for the years we traded for Commodities Corp We trade price and price alone per Richard W. Schabacker and Edwards and Magee We are old school old school with aggressive risk manage protocol We've averaged upper 40% ROR with no losing years since 2013. I am in awe of the few trading companies that can do with 11 figure capitalization (Renaissance, Stan the Man and a few others) what we do with 7 figures We are not short the Ultras -- chose the 5-yr to be short