The 10YN moved down and all 4 Indexes bounced up, this is the opposite of recent action (chart below). Other markets (Europe & Asia) are down, watch out for bounce on long side. Should the 10YN break the TL in chart below, may not create the market response we would expect. I am going with a simple "Buy the Dip" on the NAZ today. The better play today may be the other 3 indexes.
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Short Target Hit, Stabilize and look to go long.
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Watching the 10YN, Other indexes are up.
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Long, Tight Stop.
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Target 13053 for 1st Long Target, should be fine once it breaks through. Under be protective.
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NAZ Long reached 13048 and retreated back to bottom, EU close. May look to reenter Long with TS. FANG are mixed other indexes are positive.
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Long is the trade, Indexes are testing lower end.
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2nd Long TS.
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10YN has recovered, Long side is favorable. When going counter trend have Take Profit of 20-40 Pts with Stop of 30 Points.
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SL Hit, Look to go Long after other markets run overnight. Very important to use Take profit and have Stops. The net result today was positive even though I was looking Long at 2nd Long.
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