ZB - Bonds potentially bounce on the centerline
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This big fork seems to catch the extremes and center of the Bonds.
Centerline is reached and the potential that it will bounce from there is really high.
If I would want to play this underlying, I would switch to TLT...
P!
Centerline is reached and the potential that it will bounce from there is really high.
If I would want to play this underlying, I would switch to TLT...
P!
Note
I examined TLT and it looks like it will fall more...If we change the B point of the fork back to the low of the Gape'd Swing, we get a similar scenario...hmmmm....sitting on hands and observe it.
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