March 8, 2013

30-YEAR US BONDS

30-YEAR US
BONDS 
We can see a
perfect example of a Max Entry-Trigger setting up on the bonds market this
morning.  We’ve recently moved back into
selling territory and we are looking for a new lower-low breaking the short
term price-wedge followed by a sell-signal short to get us moving down to the profit-target
at 138.11 and/or 136.93
30-YEAR US
BONDS 
The entry
chart shows us a BIG clue with oversold support at 140.86.  this tells us that we do not want to sell
short directly on top of this support, rather we will look for a retracement to
move price-action higher in the short term, giving us a buying opportunity
using the InsideOut Set-up LONG to get us into a longer term short position
around the 143.04 resistance.  We are
bullish in the short term and bearish in the long term.

    schooloftrade

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