I have jammed spots on the Ultra 10-Year to today’s high to lock in more profits. The bond market looks like it wants to rally. The head and shoulder failure pattern is one of the most reliable patterns.
I covered my short position and I am flat Soybean Oil.
The Canadian Dollar looks to be setting another bear trap. My stops are moved up to the 0.77785 mark. This will be the third time the Canadian Dollar stopped me out for a loss. I will not take another short side trade on this market if I get stopped out this time.
