The entire bond market looks set to fall further. I have doubled my short position in the 5 year again. This is my largest futures position at the moment.
I still have a few shorts in the 10-year. It is forming a running wedge on the downside.
I am adding another short- Euro dollars (Dec 23). It completed a symmetrical triangle.
Stop is at 98.91 with a target of 98.6.
The best trading signal of 2021 was shorting the 10 Year. I did so here.
The next best trade was shorting the 5 year. I did so here.
Here come higher rates.