09 April 2010

US10YY : Neckline @ 115-22

  • Watching closely tonight's NY close for re-breach of the SHS top NL on the TY continuation chart.
  • 1st attempt to short TYM0 stopped out with a tiny loss.
  • 2nd attempt : Re-shorted again at 116-00.
  • Basis for trade = SHS top,  still valid and ongoing.
  • NL is at 115-22. If we close below this tonight, will increase the new position.
  • Last traded 115-21 (3.91%)

2 comments:

Taichiseal said...

Nothing done. Did not get the required weak close for action.

Taichiseal said...

Cut loss original short at 116-18 (3.815%).