T-Bond futures peaked

17 Mar 2020

The weekly chart shows the recent surge is likely topping, and might start falling between now and the next 3 weeks probably. Fundamentals favor a decline as governments go into spending binges to counteract the virus induced crisis. timwest pointed out this short idea recently, props to him for spotting it. I do like how wild the disconnect vs #Gold is now, might be interesting to look into trading the spread soon.
As a sidenote, the asset classes that sold off while this rally was occurring might turn around by the 2nd week of April (like stocks and #Bitcoin).

Cheers,

Ivan Labrie.

24 Nis 2020

İşlem aktif

s3.amazonaws.com/tradingview/snapshots/e/eI64lRSX.png

6 May 2020

Not

8 May 2020

İşlem elle kapatılmış

For now I'm out of this trade.

1 Haz 2020

Not

It sure peaked but the Fed keeps it supported for now.

25 Eyl 2020

Not

A guess...

9 Haz 2021

Not

This guess could be what we get over time, right now basing, could grind higher before dropping again once the Fed tapers and they start rising rates.