ridethepig

Meaningful low set?

Long
ridethepig Updated   
OANDA:USB05YUSD   US 5Y T-Note
On the technical side the minimum targets for a Vth wave flattening trend that started since 2011 have been met. This completed sequence show's there is plenty of room to steepen over the coming Quarters.

So far we have seen wave A and B of an incomplete ABC. Well done all those who are riding the 'C' leg with us.

Best of luck to those who are positioned for the next two levels of interest at 116/117. The biggest picture would suggest there is even more upside over time.
Trade closed: target reached:
Well done all ... payday in yields

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