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Released On: 30 August 2010
Dear Fellow Trader,
It's time to turn our attention to US interest rates.
More specifically, it's time to look at Treasury Bonds.
We'll keep this simple and straight-forward.
The TRM Sigma Bands™ chart is showing T-Bonds futures at the +2 Sigma level, overbought territory.
Plus the TRM Trading Signals chart has 'flagged' a 'sell'
It will be an interesting trading session on Monday.
You need to be checking the TRM each day this week.
Now, as mentioned in the August 23 ALERTS Newsletter we're conducting an experiment to test the claim that when the TRM charting service 'flags' a market move its reflected in increased trading volumes as smart traders jump on board and follow our forecasts.
We are still waiting for the Trading Signals to confirm a 'buy' on a Lean Hogs futures contract. When they do we'll check the results.
Mind you, our very reliable source in the market place who suggested we do the experiment will no doubt tell us as soon as he has something...probably before we even notice anything!
Right, well here is something else you need to know and it's a good follow to the T-Bonds charting. It's the US Dollar Index, which is a 'value rating' of the Greenback against a 'basket' of other major currencies.
The Trading Signals chart has just 'flagged' a sell signal.
Keep a close watch on this chart over the coming days.
And if you want more trading opportunities then just check our the Watchlists which are available to all TRM subscribers.
Have a good week!
Regards,
Team TRM |
