it break out from yesterday's upward triangle this morning then stay in a very tight range.
what's your target to long for this kind of pattern?
there is $77.5-$78 resistence/support which has been respected many times from 2007 to 2009
also there is resistence from trendline of 11/7/2007 and 9/23/2009. about $76.5 already broken.
评论:
Bidding was aggressive for the 10-year Treasury auction which posted a very strong bid-to-cover ratio of 3.45 and a high yield of 3.735 percent that is 1 basis point below the 1:00 bid. Interest from non-dealers was very strong with direct bidders taking down a very large 17 percent of the auction and indirect bidders at 35 percent. Tomorrow the Treasury auctions $13 billion of 30-year bonds. Demand for Treasuries rose following today's results.