Adjusted on: 9/8 US 30-Year Bond: Trade thru 128.14 will seek the support(s) at 127.18 and 127.01. The bulls can start to re-gain some control above 130.06 – which will let them test the yield.
10-Year Treasury Notes: The near-by key is actually WHO controls 123.11…trade above it will seek 123.30. Weakness – especially thru 122.085 – seeks 121.225 and GOOD support at 121.16.
5-Year Treasury Note: After putting the levels together it looks like a mess – but here’s what matters: The bears NEED to get trade back below this pivot and maintain control there – that lets them retest 118.10. Taking trade above 119.01 takes sell pressure off the market.
S&P500 Stock Index: Trade up thru 67.25 – and there is solid resistance there – seeks 85.75. The big picture is still bearish – but the bears need to take trade back below 47.75 in order to re-assert and go after the REAL key: 1628.50.
| DEC BONDS | DEC 10s | DEC 5s | SEPT SP500 |
| 131.18* | 123.30 major/target | 119.175 pivotal |
1685.75 target |
|
|
|||
| 131.03* | 123.20* | 119.125* |
1667.25 pivotal |
| 130.25 3.75%?
130.20* |
123.11 pivotal | 119.07* |
1655.75* PIVOT |
| 130.06 pivotal | 123.02* PIVOT | 119.01 pivotal |
1647.75 pivotal 1638.00* |
| 129.24* | 122.25* | 118.285* (chop) |
1628.50 pivotal |
| 129.10* | 122.085 watch | 118.245 PIVOT |
1609.00 pivotal |
| 129.03 PIVOT | 121.30 | 118.215* |
|
| 128.14 watch | 121.225 target | 118.10 watch | |
| 128.00 | |||
| 127.18 support | |||
| 127.01 support | |||
