27 November 2009

US10YY : Mind the Gap

  • Gap [3.21%,3.26%] on daily chart due to Dubai news released during holiday trading. Interesting to see if market manages to fill this in the next few sessions.
  • Weekly : Below yield support now. Watch closing to see if picture is significantly altered by US trading tonight.
  • Monthly : As per weekly, looks poised for downside acceleration now.
  • Be long TYH0. Near term attempts to fill the daily (yield) gap should be bought. Remember periscope.
  • Gap filled = boring grind. Unable to fill = exciting new game in town. Also mind island reversal.

No comments: