Hello traders,
This will be just a quick recap on some of the markets ahead of US Cpi next week.
USD is still in a recovery mode, with room for more upside I think, especially if stocks will stay under pressure.
Have a nice weekend everyone.
GH
What is the big trade for 2023? I think it is going to be BONDS. This is my thesis on going long NASDAQ:TLT to start 2023. I walk through the reason that when yields go up, bond values go down (as did TLT) and why I think that TLT is likely to go back up over the course of this 2023 and beyond.
In this update we review the recent price action in the US10Yr Yield and identify the next high probability trading opportunity and price objectives to target
