17 January 2013

US 10yr T-Notes : Short @ 132-15

  • Having narrowly missed the rally, initiated a short position instead last night, @ 132-15.
  • Weekly : Should see heavy overhead resistance from here, now that we are into a prior congested trading zone. Reckon this might be near the top of a new trading range.
  • This ship will take a long time to turnaround. Think 130-00 is attainable, as the early part of that turn.

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