Observe the long tails of the last 4 months/candles ie swift rejection of range extremes near 4.00% and 3.25%- Market has no clue which way it wants to go; nor should I
- Bodies of candles centred around 3.50% = neutral zone
- Expect long wait (+chop) before a tradable trend pattern emerges
17 August 2009
US10YY : Long Tails
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