Operation Twist

Now that you know most people are not expecting QE3, but Operation Twist (can't you just hear Chubby Checker?) , lets take a look at some treasuries, this is more for a learning experiment then anything after we see what the Fed does as far as I'm concerned.

 IEF 1 min 7-10 year where some buying is expected, a negative divergence

 IEF 5 min, slight 2 day accumulation and a negative divergence in to a parabolic rise.

 IEF 10 min, positive divergence and in line, as if the selling started today, or distribution rather.

 IEF 15 min

 IEF zoomed out 15 min seems to have a negative divergence

 IEI 3-7 year 15 min, was in line, now negative in to the rise.

 SHY 15 min 1-3 year where Fed selling is expected, negative divergence

 TLH 10-20 year 15 min with a negative divergence.

TLT 20+ year 15 min chart-in line. If Twist happens, my guess would be it targets longer duration treasuries.