- Running short ZNH3 since mid-Jan. Average in-rate for this latest round at 131-22. Trade feels slow but this condition will not last forever. What bears need now is a shock event (FOMC minutes?) to cause a volatility explosion.
- Weekly chart rolling over, sort of. Awaiting a periscope like large red candle for further action. As long as equities stay firm, being short ZN is the better risk/reward side.
1 comment:
-131-12
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