TBond Implosion

Discussion in 'Financial Futures' started by TinFoilHat, Sep 27, 2022.

  1. Anyone good at catching pianos?

    Are we near any support levels or are there none?
     
  2. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    Hope the following helps...some possible extensions/ support levels on the daily chart, followed by more based on the weekly.

    upload_2022-9-27_10-40-6.png


    Weekly Support levels:

    upload_2022-9-27_10-41-5.png
     
    TinFoilHat likes this.
  3. Radiohead

    Radiohead

    I think the downtrend that started on 8/2/22 is showing signs of exhaustion and expect it to retrace about half of the move from the 8/2 peak to the current trough. I wouldn't use that information to enter a long position, though, as I don't like trading against the trend. More for knowing when to exit a short position.
     
    CannonTrading_Ilan likes this.