Well coordinated timing/price confluence in the 30year treasury. It was a perfect setup right at the start of new year until jan 31 when the high fib extension was reached. It may revert back to the lows shortly.
Kommentar:
Banks and the dollar have seen substantial gains in the past few weeks, likely foretelling a treasury selloff:
Kommentar:
Note the rejection off the long term trend-line: