09 February 2011

US10YY : Weekly Triangle Objective Met

  • Currently trading at 3.76% which is also the high of this move.
  • Recall original objective on weekly chart is 3.77%. This has now been met. Short TYH1 position now reduced to 30% of max.
  • Monthly chart down trend line broken at 3.64% so think that yields have more room to rise. Lightening up on risk here so that I can re-sell TY higher should there be a reaction on having met the weekly triangle objective.

1 comment:

Taichiseal said...

Re-sold at 118-21 (3.644%)