Bonds after a terminal thrust higher have come back to the breakout and appear to be setting up for a w3 down. lets see if we can break them before the fed meeting concludes. missed out on the sell at 150'10 gonna sellem here and see what happens. TBT the ultra short ETF closed in a inverted hammer candle on the daily chart and closed in an inside day bullish candle 2 days ago.Need to hold 150'24 on the upside sept futures contract.
A break below 146'26 would start the w3 down. Above 16.16 on TBT should be the start of w3 higher.
good trading
CK
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