ridethepig

Lines in the sand

CBOT:TY1!   None
=> Here we can see TY1 futures forming a topping pattern and testing key support levels...
=> With smart money scared of inflation returning bonds continue to be sold. This may be marking the top for the Equity markets.
=> Expecting a very active quarter ahead as we reach the end of the road on QE in Europe and with yields continuing to rise in the US we are flirting with a major breakdown.
=> One to track for the months ahead... let's see how it plays out.
=> Good luck all

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.