My humble apologies, I'm still struggling with the technical issues while uploading video content. I uploaded this video, with the sound fixed a few hours after the mute one, but then didn't hit the "publish" button... 😔 Thankfully, the content of the video didn't go obsolete; in fact, the prices of US, UK and German treasuries are all slightly higher this week. and the recommended long-term trade (consistent with algorithmic trend following) is to short these securities.
Tuesday's message, again:
In today's video I discuss the technical picture on US 10-year Treasury Note, British Gilt, German Bund as well as Natural Gas. The treasuries are definitely in a strong, sustained bear market and most investors who likely have significant long exposure to these markets (through their pension plans and other investment schemes) should definitely hold some short exposure. The bear market is in an upward correction at present, but this should be regarded as a selling opportunity.
I also looked at the price of Natural Gas, which recently sustained a sharp decline but remains in an uptrend. Therefore, today's price ($2.69/mmBtus) could be a strong buying opportunity. In East Asia and in Europe, the price of Natural Gas is significantly higher than that already and US prices are lagging badly.
I spent also a few moments discussing Silver (sit and wait) and Copper, which is extremely interesting at present and which I'll cover more extensively in my next video or article.