Saturday, 30 January 2016

Long Term Treasury Bonds

In the last 2 weeks we got a net number of 7,189 new long contracts opened for the long term treasury bonds and a total number of 18,289 new short contracts opened for these notes.This means we got almost 4 times as many new short contracts opened as new long contracts opened for these treasuries in the last 2 weeks.This is bearish and price of long term treasury bonds is expected to sink soon.Check my strategy to identify bullish and bearish turning points in treasuries on my free website:http://futuresandoptions.wix.com/cotswingcharts

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