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Bonds Trade Plan

83


This is the third post about Bonds in row.

This is important because what it says about the market in general - if you don't understand look at a chart of Ultra Bonds /UB (ultrabonds) in March of 2020 - then you'll understand.

All the cash aside being injected, things are slowing down again.

So here is actionable plan if my thesis is correct - long at the 50% retracement and out at .78% which is at the top of the triangle.

Bonds are raging on the Sunday open - we may straight to the 78% retrace without passing go and collecting $200.

FWIW - I'm only right 62% of the time


Nota
Bonds went straight to top of triangle - too late on this one
Nota
Used my .78 Fib - so that worked.

Fib run between two VPOCS

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