Friday, July 1, 2016

Bond Top?


I shorted Sep bonds this morning at 175-08. There are multiple time projections that line up for a potential turn today and lots of geometric price projections for a possible turn at 175-11. So we have a massive price and time confluence. I'm using a wide stop (178-12) because the bonds frequently overshoot targets before reversing.

Kim Rice 7/1/16

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