MyPivots
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chartex
Rep: 0
Posts: 28
Is the slamming of the USM06 bond done?

Look at the volume accumulation around 10700-10707 for the month vs day chart at
http://www.chart-ex.com/charts/30_year_tbonds_monthly.htm

Will this volume give support for the market for the long or short term?
AL
alleyb
Rep: 150
Posts: 478
The question to ask perhaps is: What is the primary trend and if there were a reversal what type of response should one expect. How far would that reversal go and where a reversal fails what is the new breakdown level. All these questions are clear in the MarketProfile chart