Adjusted on: 8/22 US 30-Year Bond: Jackson Hole is still going on….trade thru 129.30 seeks 128.17. Bulls need 132.19.
10-Year Treasury Notes: Look for 123.23 on trade thru 124.025. There’s a lot of resistance in the 124.28-125.065 area; it’ll be VERY bearish if the bears hold 125.02.
5-Year Treasury Note: NOTE: trade thru 119.25 seeks 118.27. all traders should keep in mind that BONDS have a second target at 126.02.
S&P500 Stock Index: Note what the bulls need – until they can take it trade is vulnerable to the downside. Trade thru 36.50 seeks 28.75 – BOTH those prices lend support – but the market feels soft.