Overview
Ideas
USB05YUSD trade ideas
US 5Y T-Note looks like the trip is going to continue.I am expecting the travel to 123(June 2016 high) to continue when the price break above the channel which is forming now. In a meantime small retraction to 118.5x(100dMA) is possible to happen just to confirm.
I will update on the entering trade.
Meaningful low set?On the technical side the minimum targets for a Vth wave flattening trend that started since 2011 have been met. This completed sequence show's there is plenty of room to steepen over the coming Quarters.
So far we have seen wave A and B of an incomplete ABC. Well done all those who are riding the 'C' leg with us.
Best of luck to those who are positioned for the next two levels of interest at 116/117. The biggest picture would suggest there is even more upside over time.
