TMV – ANALYSIS BEHIND TRADE
Below you will find the chart describing the reasons for my long position in TMV from a technical perspective.
I said in my post from this morning that I was expecting some of the upward pressure on the long bond to subside in the coming days and weeks. This is due to my opinion that investors will calm down compared to where they are at present. Risk appetites should increase somewhat and the long bond should lose some of the fear premium that is being built into the price currently.
Here is the technical view:
TYX (30 year yield)
