Bounce in Bonds? TLT ZN!1 TBT
Bonds usually bounce after huge sell offs
before continuing to sell off. 2013 multi week sell off had
mid week bounces to roughly 50% of previous week's range.
good spot to buy some longer dated calls (dec?) at 126'235
for a bounce next week to around high 127s or low 128s+.
RSI lowest in years, closed 4 days outside lower BB, very oversold.
good statistical probability. however, might fail due to unprecedented political climate and china dumping
before continuing to sell off. 2013 multi week sell off had
mid week bounces to roughly 50% of previous week's range.
good spot to buy some longer dated calls (dec?) at 126'235
for a bounce next week to around high 127s or low 128s+.
RSI lowest in years, closed 4 days outside lower BB, very oversold.
good statistical probability. however, might fail due to unprecedented political climate and china dumping