June T bond (ZB M4)

bgold

Established member
532 5
Following explosive rise on Friday on back of weak empl figures and consequential anticipated need to cover short duration by mortgage lenders), bonds seem to be stairstepping upwards.

I see clear bullflag patterns (see chart) which target next leg at somewhere near 11610 (eg another full point) unless of course the flag fails(?)

Keen to hear your views?
 

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BBB

Experienced member
1,071 3
Whats volume saying? Are buyers still coming in?

If you do go long, be on your toes. The party could be over soon as people take their profit. Spoos are weak though which could add fuel to your fire!

TWUC!
 
 
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