Monday, November 5, 2012

Bonds rally as tomorrow's US election approaches. $ZB_F Chart

Dovetailing from last weeks post--.. the magnetic 149 level again is the focus as the price of the 30 year bond breaks up out of a pennant formation on lackluster volume... The sharp drop following the Friday jobs number looks to have provided a buying opportunity for those parties who slammed bids via HFT induced means. Congrats.

30 min  
4 hour zoom