Looks like a great day to be short in the Bonds. From the opening continuation move to the pullback in mid morning. Missed the short opportunities looking for that obvious critical level off the cumulative at 143.14/18 to be a nice rejection point for the buying market. Price pushed through that area as if it wasn’t there. The ease of movement to the down side was clearly evident. But the market did reach a decision level where a measured opportunity did arise on price rejection. Take a look at the level below.
Daily Trading Performance
- 1st Trade – 30yr ZB +$312.50
- 2nd Trade – 10yr Ultra +$140.62
Go to the Trade Performance Log Spreadsheet: Click Here
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