This post is not directed toward any particular trading strategy other than comparing charts to the highly charged news.
Comment:
04/26 long UB1!, Short USOIL, Short Lumber, Short copper.
Comment:
another bad day on the bonds, someting needs to happen quick on rates or were going to see the brakes hit.
Comment:
the bonds continue to be an upset, but were nearing hopefully support.
Comment:
Treasuries gained a little support but its fear buying and flight to quality, that enthusiasm will run out soon. Oil is headed lower until they can come up with another self inflicted crisis to bring it back up. Copper and Lumber, they cannot tell a lie, very indicitave of things to come.
Trade closed: target reached:
Stack it up