Hubert Senters here.
Let’s take a look at the bond market. This is the 30 year bond. Looks like it’s going to go substantially lower. We have got a nice little selloff here, retracement into the cloud and then it came back down here, sold off, got a little bit of support area here that we bounced off right there and then we rallied.
And now we’re closing today below the turning line again. ADX is a little low. It’s not that big of a deal. I mean this is going to be slower going lower but it’s on track to break that $141, 20-30 seconds now. I don’t think it’s going to do about tomorrow if it does I would be very surprised.
I think it’s probably going to take Sunday maybe until Tuesday or Wednesday of next week for it to get down there. But it’s definitely doable. Take a look at the bond market, short that looks good. If you’re like man, I don’t trade futures. What are you talking about? I mean you could do the stuff like TLT. You could short that thing. That’s an ETF or you could go long TBT, TLT or TBT. You go long and this thing is going to do the inverse of what I just said on the bond market.
Good luck. Hope it helps. And I’ll see you on the next video.
Hubert.
