30 Yr. Bond Futures set up differently than the Yield.
Futures are in the midst of a big range.
Spoo’s will take price action under 4267.50 for longs to lock in gains.
Spoos are at a long term price target which simply means it’s a better place to take off risk than to add.
Whatever the game turns out to be in the rotation over the next couple of sessions, I have no desire to get involved.
The next sessions into Wednesday’s close are irrelevant.
Keep it to short-term trading.
Keep your mouse clicking to a minimum.
Alex Harris article everyone should read.