Nice! I don't follow that pattern much but it's rare enough to be effective. Thanks for pointing that out.
Anybody on here trade TUT? I thought the treasuries move over Greece was a bit overdone so decided to watch this spread today. Quoted '015-'020 during the early European session, now at '027-'032. If I understand that correctly, it reflects a steepening of the curve. Not sure if that much movement is typical, with spreads I half expect to put them on and forget about them.
Didn't happen today but since its rolling, the possibility still exists for this to occur tomorrow and if not tomorrow, then Monday at the most.
So Far, all three China indices have held their yearly A downs (ASHR, YINN, FXI). ASHR really bounced hard off of it. Retraced almost half the selloff already.
In case you guys wanted to get long some China Real Estate. Bounced hard off the yearly A down as well.
Cool. I haven't followed this. My yearly A down is 19.53 and yesterday's low was 19.57! You teach well Mav.
Came off sharply today at the open. Can you tell if we failed a Monthly/Qtr A Up or something? Thanks Mav.
not helping rb/ho that straight crack (cl/ho 1:1) gaining on the day. cl/HO trying for a failed A-down as we speak.