I'm happy with my stop at 15 and the potential for a new low. So I won't do anything unless we make a new low, at which time I will move the stop on the whole position to 110 31/32.
t-notes today
- Thread starter PetaDollar
- Start date
boink. oh well. I'm pretty happy with everything I did. Chances for a new low are really small at this point.
The day session(pit) recent high for the current multiweek up move is:
165 for the 10yr and 220 for the 5yr.
But the overnight sessions have twice hit a high of
185 for the 10yr and 250 for the 5yr.
I would be very surprised if this current upleg ended without the day sessions(pit) at least matching those overnight numbers if not exceeding them, eventually.
165 for the 10yr and 220 for the 5yr.
But the overnight sessions have twice hit a high of
185 for the 10yr and 250 for the 5yr.
I would be very surprised if this current upleg ended without the day sessions(pit) at least matching those overnight numbers if not exceeding them, eventually.
today???
I agree with you then. I just counted six days since 15 Apr where the 110 220-260 support zone turned the price around. On the flip side there have only been 3 tries beaten back at the highs. Path of least resistance is up!
these days, i'd actually favor a 2s/10s steepener in puts out of all things. it can be done in green midcurves vs 10s too. if the carry is right, it's a winner - i can't imagine 2s/10s getting flatter and can't really see fed moving too fast, so losses in short flattener in puts aren't really a problem.
I've been watching a couple folks have some success with the 2/30 spread on now, don't know how long that is going to last for tho.. FWIW.
I'm trailing the 60m bars with a long right now and we are nearing the top of the channel. If tommorow we get a LrH near the top of the zone I might short it, otherwise i'll let this thing break out if it really wants to.