Daniel Urdaneta

30-yr UST: The Long Bond is gonna get heavy

45 0 0
Early signs of topping on ZB futures . Distribution candles on the top, and failing yet again at familiar spot. Setup is not yet confirmed by RSI or MACD , though, and the long bond bounced a bit off the MA(9).

I'm inclined to open half of my position here. A daily close below MA(9) would lead me to open the second half of the short on ZB, targetting MA(200), around 156'00 at current times.
A breakdown below MA(200) is in the cards if Crude Oil             (related idea) goes above 35$. Otherwise, good to hop on some ZBs for risk-off trading!

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out