Today's reversal on the 10Yr Yield Spike is now problematic for several
reasons:
1. ES .618 LT Failed
2. NQ 50% Failed with a 200 Tick FR of prior highs
3. TNX has begun the Breakout we indicated would send this into 3/5
______________________________________________________________
Both were large Front Run failures.
The Sell was on at 12:30 and took its time to culminate into the 613s
The Closing 684 stick save did not do nearly enough to repair the damage done.
Sold twice today after the Gap Fill bids from lows.
__________________________________________________________________
Price was simply scalped on small RTs into the closing sell and final Bid at 630
to sell again.
I do not have confirmation 3 has begun, it may well be setting up, we will know more
as the TL is backtested... if it fails, it would be a Confirmed - SELL.
FOMC in 4 days, make them gag for it or.... worse.
reasons:
1. ES .618 LT Failed
2. NQ 50% Failed with a 200 Tick FR of prior highs
3. TNX has begun the Breakout we indicated would send this into 3/5
______________________________________________________________
Both were large Front Run failures.
The Sell was on at 12:30 and took its time to culminate into the 613s
The Closing 684 stick save did not do nearly enough to repair the damage done.
Sold twice today after the Gap Fill bids from lows.
__________________________________________________________________
Price was simply scalped on small RTs into the closing sell and final Bid at 630
to sell again.
I do not have confirmation 3 has begun, it may well be setting up, we will know more
as the TL is backtested... if it fails, it would be a Confirmed - SELL.
FOMC in 4 days, make them gag for it or.... worse.