CoolCreekCTA

US 30 Year Bond Begins New Leg Up (?)

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CBOT:USU2015   None
3
I went long 30 Yr US Bond at 149'02. This is contrarian view and assumes there will be short-seller covering in addition to new buyers who now realize Fed is unlikely to raise rates anytime this year. Initial target is 151'22 with target #2 at 154'22. Move below 148'09 would invalidate this suggestion and be price to place stop. Any dip between 149'20 - 149'02 appears to be a good entry point. .

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