ED Futures : Short EDZ5 @ 98.94

• Believe that US interest rates are on the way up, hence short 3- month ED futures the way to go.
• Nov13 high to recent low = [99.175 - 98.725]. 50% Fibonacci = 98.95; 62% Fibonacci = 99.00.
• Initial short @ 98.94. Balance awaiting the 62% level.