It is amazing how technical analysis can inform us of the fundamentals! Recently, a look at the 30 year futures proved very interesting. Take a look back at the entry, BIG PICTURE ANALYSIS OF 30 YEAR FUTURES: UP WHERE THE AIR IS THIN, and see the several interesting questions that the chart begged to be asked. At that…
A look at the quarterly and monthly charts of the 30 year futures contract tells a big story. Thirty year futures retraced rather vigorously throughout all of 2013. Our quarterly chart below shows five consecutive quarters where 30 year futures close lower (from the last quarter of 2012 to the fourth quarter of 2013). Signs of…
