- Monthly : DownTL at 3.64% being tested now. (High tonight 3.665%). Next resistance lies between 3.80% to 4.01%.
- Weekly : Triangle breakout point at 3.46% confirmed taken out, objective 3.77%.
- Daily : 6 weeks' sideways consolidation between 3.25%-3.57% over. Expect upmove in yields now to last for a few weeks at least.
- Taken partial profits (at 118-22) on short TYH1 earlier tonight after NFP. Re-established at close on confirmation of technical breakouts. Short position maintained at same size.
- [Closed out half of bunds short position after NFP as well, at 122.86].
05 February 2011
US10YY : Monthly Downtrend Line
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1 comment:
Paid 118-08 on TYH1 ... taking partial profit on 25% of position.
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