02 April 2012

US Ten Years : Monthly Reversal

  • Spotlight on TY monthly chart.
  • Mar12 (close) = 3rd candle completing an evening star bearish reversal.
  • Also the first time we have closed back under the Dec08 high of 130-25.5 since breaking up above it in Dec11. Not good either.
  • Going forward, will keep playing this from the short side here.

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