WellTrainedMonkey

Chart of the Day: $TYA hits ABCD target

CBOT:TY1!   None
$TYA hits an ABCD price objective in spectacular fashion as Trump enlarges the trade war to include Mexico. Not sure what would cause a sell-off in bonds, but the fact the $TYA hit the ABCD target in such an explosive manner as we head into the last trading day of the month and new SSRs being set, makes me do a double and want to take money off the table. Looking across to equities which have been selling off for a month and $ESA recently breached the crucial 2800 level together with the SOX trading at a key congestion zone, I would not be surprised to seem some near-term strength in equities and weakness in $TYA.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.