Menta:
Let me add some colour to that chart (opinion!!):
US short term rates:
FF futures pricing in March hike
US2Y galloping ahead too
A further bear flattening of the 2s10s yieldcurve can be avoided by even *faster rising of 10y.
Ah yes, the biggest short position of 10y has been built for just in time for (?!)...
I liked your chart & used it to add some trading channels to the failed bull flag breakout and the starting off the day of the sell off. Market needs to defend the area where two support lines meet.
If fails, there is quite a distance to travel underneath.
Today is an important for markets.
