I'll take the other side of your dollar trade soon but for right now it "looks like" market driven rates are about to begin moving loooower again soon...which would of course make everyone trashing U.S. govmint debt instruments wrong...again...as always. :-) I might have another short position brewing in SLV. This one will only generate a 100% gain in 3 days though. :-)
Yes. Look at the channel. It will bounce in the channel but continue trending lower.
I'll take the other side of your dollar trade soon but for right now it "looks like" market driven rates are about to begin moving loooower again soon...which would of course make everyone trashing U.S. govmint debt instruments wrong...again...as always. :-) I might have another short position brewing in SLV. This one will only generate a 100% gain in 3 days though. :-)