Thursday, March 23, 2006

T-bonds


Here is an updated 15 minute bar chart of the June T-bond futures. I disussed this chart yesterday.

I was expecting a rally to point g at 111-08 but this morning the market only was able to make it back to 111-04. Subsequently we have seen high volume as prices have accelerated downward. This tells me that the market is on its way below 109-31.

1 comment:

Anonymous said...

Nice call. The market moved above the 111 level during today's session.