Interesting chart ES. If I'm reading it correctly, you'are anticpating a strong reversal to the upside for the TY/ZN contract? JJ
I am hoping for YIELDS to go down/ ZB UP. We may have another leg up, my indee's are starting to say "SELL,SELL,SELL"! They are usually wrong, so feel free to fade me. E S
OK, thanks. I personally am not TD fan, but I know some traders who like to keep abreast of what is happening via his methods. They should work particularly well with instruments which tend to trend, and then strongly reverse, like the notes. Good trading, JJ
I use 'em to identify exhaustion. They seem to have worked in ZB today. I grabbed a few ticks and am staying long. Good trading as well. e s
It's a very coiled market here isn't it? I still see potential for upside on the weekly and monthly. I am going to sit tight here with my long ZNM7 position. This is an unhedged position at the moment.