Shorting IEF Again

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Generally speaking, I think interest rates are going to be heading higher. I therefore have large short positions in XLU and IEF. The latter is described as follows: "The investment seeks results that correspond generally to the price and yield performance, before fees and expenses, of the Barclays Capital U.S. 7-10 Year Treasury Bond Index. The fund generally invests at least 90% of assets in the bonds of the underlying index and at least 95% of assets in U.S. government."

A conservative stop on this would be 94.27, a somewhat looser stop would be 94.41, and the Fibonacci retracement level is at 94.54.