30 May 2011

US10YY : Zoom Out = More Convincing

  • Follow up on from earlier post today re : US10YY SHS top.
  • Recall Double Top in 2009/10 with NL around same level as current SHS top NL. The DT missed its downside objective by a whisker last year (exceeded on intra-week/day basis I think).
  • Giving the chart a bit more context, last week's break below 3.14% now looks all the more significant and exciting.

1 comment:

Financial Journalist said...

I see that you had long AUDUSD again. Why not short USDCAD as well?