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
Kommentera:
Bonds went straight to top of triangle - too late on this one
Kommentera:
Used my .78 Fib - so that worked.
Fib run between two VPOCS
Fib run between two VPOCS