Thank you for your likes and shares! Much appreciated! ___________________________________________________ This is not a Squeeze, it is a true market trend. Possibility of seeing the market ranging in the lower area of Andrew's Pitchfork zones which acts all as true resistances. Beware, possibility of pullback on the actual price. High possibility also of...
We could see a rebound in the short term (risk off coming with double top on Nasdaq ?) but we believe that we will see lower prices this year in the bond market.
Ultra Bonds have tagged 248'27 on March 9, when 10-year Treasuries reached all time lows of 0.318%. Given that markets have somehow stabilized since then but we are not out of the woods and we may again retest lows in equities, UB could be expected to be bid again
Trading Signal Short Position (EP) : 161.625 Stop Loss (SL) : 162.28125 Take Profit (TP) : 160.3125 Description UDH2019 formed Turtle Soup Sell at 1d time frame. Trade setup with Sell Stop at 0.382 Level (161.625) and place stop after 0.618 level (162.28125). Once the position was hit, place take profit before an agreement (160.3125) Money Management ...