Most of the times your 1st level lower or 1st level higher are very accurate. Thanks.
For that reason , Monday very early in the morning, we might see 4633.
Also because there's not any data to stimulate to the upside the ES_F.
The opposite, BoJ make announcements for hiking rates . Which is impacting directly UST 10ys bonds. Are getting higher due to the significant reduction of the carry trade. ES_F rallies because of lthe lowering of 2ys and 10ys yields. If higher , it will roll over.
Most of the times your 1st level lower or 1st level higher are very accurate. Thanks.
For that reason , Monday very early in the morning, we might see 4633.
Also because there's not any data to stimulate to the upside the ES_F.
The opposite, BoJ make announcements for hiking rates . Which is impacting directly UST 10ys bonds. Are getting higher due to the significant reduction of the carry trade. ES_F rallies because of lthe lowering of 2ys and 10ys yields. If higher , it will roll over.
Good to note all important Data readings. They're influencing a lot institutional traders , who move the needle significantly.
Monday 11 December, 13.00hr EST 10ys auction. Bond market starts getting volatile,
20 min earlier. Consequently, ES_F becomes volatile too.
Hope that the auction will go well and ES_F will go up. The BoJ decisions , earlier in Monday have an impact on UST 10ys bonds.
Thank You
Thank you as always!