- Close only line chart presented here to filter out the intra-week noise. Last week's ZNH3 close at 131-12.5 looks like a harbinger of more weakness ahead.
- None of the usual classical trend reversal pattern formed yet to call for a bear market in US bonds. But sufficient early signs apparent to get me excited and short in decent size.
- Trade : Averaged in short ZNH3 @ 132-04. Added tiny @ 131-14 at NY close last Friday. All-in cost now @ 132-02.5.
- View : Down to 129-00 first. Then perhaps come back to form a right shoulder before the big bear comes. Watch this space.
27 January 2013
US 10-yr T-Notes : On To 129-00
Subscribe to:
Post Comments (Atom)
5 comments:
-131-03 sell stop triggered.
Squared 2/3 of position @ +131-09
-131-13
-131-16
Squared half of short @ +131-00
Post a Comment