Nice move in Bond yields after the fed minutes today.
In order, 30 Y, 10Y,5Y,2Y, 3 month. All moving higher..
To take this trade you could use a trade like TBT if you think the trend can continue.
We are starting to see distribution days pile up on the US indexes so we'll be watching closely.
Good Trading,
Greg Schnell, CMT
About the author:
Greg Schnell, CMT, MFTA is Chief Technical Analyst at Osprey Strategic specializing in intermarket and commodities analysis. He is also the co-author of Stock Charts For Dummies (Wiley, 2018). Based in Calgary, Greg is a board member of the Canadian Society of Technical Analysts (CSTA) and the chairman of the CSTA Calgary chapter. He is an active member of both the CMT Association and the International Federation of Technical Analysts (IFTA).
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