Sunday, November 3, 2013

Support floor for Bonds

I don't usually rely on a supporting floor alone for trades but most leveraged ETFs has a short and along version which makes it easy to view the situation from two sides at the same time.

I played the long side earlier, by shorting it at the top circle area, now we are closing in at the second area. I think the united picture given from the charts is worth a trade here.

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