Tag Archives: mechanical cot signals

Outside Bar Key Reversal in Bonds

Last Monday, we discussed our forecast for lower US Treasury yields ahead in, “Bonds CReeping Towards Lower Yields” for TraderPlanet. Unfortunately, we were early and the market stopped us out with a manageable loss prior to Friday’s key reversal higher. We expect this to continue as the world prepares slower growth and a strengthening U.S. Dollar. Therefore, we will re-enter this trade with a new protective stop placed at Friday’s low of 140^08.

We’ve updated the chart below to reflect our current outlook in the 30-year U.S. Treasury Bond futures.

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Commitment of Traders Report Caps Eurodollar Rally

Commercial traders have been selling Eurodollars at an amazing rate. The Commitment of Traders report shows that they’ve sold more than 1,000,000 contracts since mid-September. You can see on the chart below that this selling has shifted their momentum to the sell side for the first time in sixteen months. We took a closer look at this for our piece in Equities.com.

Continue reading Commitment of Traders Report Caps Eurodollar Rally