Hdge4u

Short the near term bond

Short
Hdge4u Updated   
NASDAQ:SHY   Ishares 1-3 Year Treasury Bond ETF
If anything a short sell would have been optimal on the corner as price action may move lower as this price action appears peaked. An entry point at the next upper median line would offer good risk return because a buy stop would have structure behind the proposed entry with significant return opportunities. This would mean that short term interest rates would rise and result in a pressure on the economy for this trade to work.
Comment:
price action remains inside the path of price. Providing a great Jan 30 short sell entry point near 85.10
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