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UnknownUnicorn2538164
Feb 1, 2020 4:13 PM

treasury short squeeze Short

U.S. Treasury Bond FuturesCBOT

Description

Well coordinated timing/price confluence in the 30year treasury. It was a perfect setup right at the start of new year until jan 31 when the high fib extension was reached. It may revert back to the lows shortly.

Comment

Banks and the dollar have seen substantial gains in the past few weeks, likely foretelling a treasury selloff:

Comment

Note the rejection off the long term trend-line:

Comments
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