TheLazyBrother

ZB - The Long Bond, will the reversal take place?

Long
CBOT:ZBM2022   U.S. Treasury Bond Futures (Jun 2022)
Bonds are oversold on every trend level, monthly, weekly and daily. Whenever, indicators like RSI reached these levels, bonds reversed to the upside. Inverted yield curve suggests that FED is unlikely to become more hawkish then it already is. Look closely to 150 level, as a decisive break could signal a significant change in trend.

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