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Jim Wyckoff

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U.S. Treasury bulls gain power

June 9, 2021 by Jim Wyckoff

The U.S. Treasury bond and note futures markets have been trending quietly higher for weeks and at mid-week both markets hit more-than-three-month highs. The bulls have gained the near-term upper hand, which means the path of least resistance for prices will remain sideways to higher–until there is a bearish technical development to suggest otherwise. Stay tuned! Jim

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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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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