Greetings to the sidelined tsy bears.... Today's close in the March 10 year futures has toggled my system from bullish to a stand-aside stance. The trigger mark was for a close below 121-26.6. We've violated that level. This trigger only takes us out of a bull mode. We need a daily close below 121-12.5 to trigger a short position. My gut feel is that the 10 year futures will hold together and still manage one more swing up to the 122-09.5 zone before they roll over and begin a bear trend. The longer term technical indicators for the 10 year tsy. futures has a bearish overtone. all the best, Martin
sal·ma·gun·di /ˌsalməˈɡəndē/ noun--- general mixture; a miscellaneous collection.