ZT! - breaking out Long

CBOT:ZTM2022240

2-Year T-Note Futures (Jun 2022)CBOT

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⋅ May 24, 2022 2:08 PM

ZT was banging its head against cyan resistance area, but it seems it is finally breaking out.
I would conlcude that FED tightening cycle is over, probably not actual raising of fed funds rate, but hawkish speek.

Trend Analysis