bitdoctor

/ZB - T-Bond Futures - More upside

Largo
bitdoctor Actualizado   
CBOT:ZB1!   Futuros T-Bond
Thoughts and ideas are for educational purposes only.

Similar to the TLT idea I posted not that long ago, I'm also expecting these T-Bond futures to have continues upside in the near future. Within the next month, I'm expecting a move into the mid 160s.

The entire corrective cycle is complete from what I can tell and we've attempted to break through this resistance at 158-159. Helen Keller herself can see this resistance (which I've labeled in green).

Once we break through this, it should be a clear path (after a small retest possibly) up to my targets. I'm expecting this to hit in the next 28-35 days.
Operación activa:
Looking really good here so far. This will take some time to hit the upside target. We broke the 159 resistance and have found some support at 160. We should see this up to 165 in the coming weeks.
Operación activa:
Not sure we'll hit my target in the time I would like for it to hit so I will probably exit this trade soon.

All in all bonds look bullish, but I'm going to be taking the profit and running in a couple days.
Operación cerrada: objetivo alcanzado:
Closing this trade as we are hitting against resistance. Was originally looking at 164''0 however I'm happy with this exit.

Made about $4000 per futures contract.

CE - BitDoctor
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