The Big Bond Bear

2020년 7월 3일

30+ Year USTs forming a clear inverted cup and handle. With stocks pushing upwards this is destined to fall. First target 455.

I'm actually bullish USTs because there is still the election on the way, it's a nice hedge as part of my portfolio but I won't fight the price action here.

2020년 7월 14일

노트

The attempted downward move was quickly snuffed out by equity market churn. It's acting as a nice hedge right now. I'd say this idea is invalid if it goes beyond 505.

2020년 8월 11일

노트

The move has finally materialised. Expecting a bounce at 465 before continuing downwards.

2020년 8월 14일

노트

Bounced just before 465. With OPEX next week I'd take some / all off the table and wait out the week.

2020년 9월 24일

거래청산: 타겟 닿음

Bounce actually happened below 450 before equity markets and USD turned, making this a good long since then.