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.

Kommentar:

As expected the journey down started. Let see if it bounce back from 100MA