With the bearish case on Bonds being so touted recently I'm wondering whether it's not a big smokescreen suggesting that quite opposite may happen... Especially after looking at the following charts:
JI
jimkane
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Posts: 33,089
.886 ABCD hit at key line. One more push to the 1.000, roll here, or accelerate up and through in a 'W3'? We shall see. I know what I suspect.
JI
jimkane
Rep: 3,058
Posts: 33,089
I see total 'risk on' across the board as this heads into the ABCD, pushing off that little Fed minutes bullish ABCD. What a layout.
JI
jimkane
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Posts: 33,089
24.25 points off that 16.00 low. Last time it was 23.75. I wonder why Jim keeps mentioning that 16.00 low?
RO
roofer
Rep: 3,689
Posts: 3,574
just traders trading..... if the red line green set on yesterdays close was to be valid,in the face of the insane last hour bullishness, then OUR TOOLS, AND NOTHING ELSE.... should have pointed to RISK OFF!!! in the face of the manipulation in the indexes.... i think they did their job.... and all the way down today... they said repeatedly trend day shooting for targets...

