US10Y And the FED just did it!
Updated
There's no surprises today. However, keep in mind this is the first rate cut in a decade, a modest and widely expected move that is meant to keep the economy healthy in the face of head winds from trade war between U.S and China and the slower global growth. Now, the problem is the word "healthy", because at the end of the day we're looking for more inflation and leverage, and debt is no longer healthy. I'm not saying they're wrong, but we know we're climbing a mountain that is more likely a dangerous cliff.
About this chart, I won't like to see how it goes around 1.324. Unfortunately, the curve is likely to invert again (2s/10S), so it seems imminent to hit that level.
Do you want to know more about it? Visit creamlivetrading
Good Luck!
Have a good trading week.
About this chart, I won't like to see how it goes around 1.324. Unfortunately, the curve is likely to invert again (2s/10S), so it seems imminent to hit that level.
Do you want to know more about it? Visit creamlivetrading
Good Luck!
Have a good trading week.
Trade closed: target reached
Unfortunately, some people tell me I'm crazy 'cause there's no chance to know what is the market cooking out and we're so far away from the reality that there's something evil on my trades. Nothing evil here, It's simple and easy! If you catch up who's behind the market then just follow the rules... Do you want to know how to beat the market? Visit our website creamlivetradingGood Luck!
Have a good trading week
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.