Dominate Your Market
by Jim Wyckoff
See on the daily bar chart for June U.S. Treasury bond futures that price action has turned sideways at lower levels, which begins to suggest the market may be “basing” and forming a bottom. Still, this 35-plus year market watcher thinks the inflation genie is out of the bottle (Ask anyone building or remodeling a home or business about material costs.) and that bond yields will have to continue to rise (prices fall) in the coming months, along with interest rates rising. Stay tuned! Jim
There is a risk of financial loss in futures and options trading. Futures trading is neither easy nor an easy way to make money. It takes hard work to have success. Please use sound money management when trading futures. Past performance is not necessarily indicative of future results. Nothing on this website is intended to be a trading recommendation to buy or sell futures or options. All information has been obtained from sources believed to be reliable, but accuracy is not guaranteed. Readers are solely responsible for how they use the information on this website.
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