Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
If you look at a 1 year weekly chart with Fib. retracements it paints a pretty good picture for the past few weeks at least . The 30 year bonds are between 50 and 62 and may have a hard time to go much below 62 but that is a way off for right now . If they break 62 and stay below that level for any length of time it may suggest bonds are in a down trend for a time . I like to trade bonds intraday but never hold overnight .
ZBU15: This week is FED week.
IMF wants USA to hold off on any rate hikes until Jan 2016.
Will Janet do it? I think so, this White House Admin is very pro-Europe and famous for kicking the can down the road.
Greece is falling apart by the day. If US were to raise rates 50 basis points, the ripple effect would be huge.
Monday,Tuesday should be boring, waiting for Fed and Beginning of FOMC.
Wed 2pm EST verdict from Janet, then news conference 2:30pm EST.
I'm planning on a bullish trend for Thursday and Friday.