- TY continuation chart looks like forming a weekly bear flag. (See the equivalent of the US10YY triangle about to break on the futures price chart).
- Monthly chart - no obvious technical pattern to trade off. But big formation looks bearish.
- Looking to increase short position into rallies. Anything below 121 in TYH1 still within confines of the weekly bear flag.
24 January 2011
US10YY : Futures Chart
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Had order to sell TYH1 @ 120-31.5 last night. Pulled the order as was down large in Copper+Gold. P&L looking ugly. Sigh.
As it turned out, high of the day was 121-01+
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