David Fuller's view Suspecting that US 30-year Treasury Bond futures may be about to break down out of their current trading range (yield rise), I increased my short position this evening by a third, selling the decimalised March contract at 119.43, including the 4-point spread-bet dealing cost. This is a somewhat riskier departure from my usual and preferred strategy of sell-high-buy-low Baby Steps trading in this market, which will be characterised by lengthy ranging between trending phases of shorter duration.

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