Out b/e. ADD Didn't trade this very well. Should have exited and then reentered at R1. Originally had the stop at b/e and pulled it to not be shaken out. Was up 15 ticks or so to begin with.
March 21, 2011, 11:05 a.m. EDT Fed buys $2.1 bln in Treasurys; bonds stay down NEW YORK (MarketWatch) -- The Federal Reserve Bank of New York bought $2.07 billion in Treasury debt on Monday as part of a program that is the centerpiece of the Fed's loose monetary policy. Dealers offered the Fed $8.32 billion in debt maturing from 2028 through 2041. After the buyback, Treasurys stayed down. Yields on 10-year notes (U.S.:UST10Y) , which move inversely to prices, rose 8 basis points to 3.35%
add 102.82 ADD: last 4 hours EMA 50 line is Resistance LINE ( 5 min) http://bit.ly/gExno1 - we may see close above EMA 50 line that is 103.30 ish ..