ZN up 6 pts since 6/14

Discussion in 'Financial Futures' started by lemeeeplay, Jul 8, 2009.

  1. ZN has been going up in an almost straight linear line since 6/14. Is this FEDS buying?

    Anyone shorting at these levels?

    I want a take short position but don't like fighting the FEDS.
  2. A bullish jobless claims report may be being "leaked". Wait until 5 seconds before that report is released to get aggressively "short". :cool:
  3. look at a longer chart and you'll see it just broke through the down trend line- i wouldn't suggest shorting ZN in the short term, we should see a strong rally up in it if we complete the head & shoulders going on in the indexes right now, wait until S&P goes below 820 before initiating a short ZN in my opinion. i'm going to continue aggressively trading from the long side for the rest of the summer