Adjusted on: 9/10 US 30-Year Bond: We’re still just getting trade – no hints at “next direction”…if we get a move thru 128.13 target everything below 128.00…the bulls need 129.30 and 130.07.
10-Year Treasury Notes: The bulls need to control this pivot AND 123.11…otherwise trade is bearish with a push below 122.07 targeting 121.28.
5-Year Treasury Note: The key here is WHO controls 119.00 and 118.285 – there are targets from 117.26 down to 117.12 (especially if the bears can get trade thru the lows) and the bulls get more strength by controlling 119.16-18 – but it all starts with this nearby control.
S&P500 Stock Index: If the bulls can hold this pivot they can take trade up to at least 1704. Bears can come back to life below 56.75.
| DEC BONDS | DEC 10s | DEC 5s | SEPT SP500 |
| 130.20* | 124.06 | 119.18 major |
1724.00 |
| 130.07 pivotal | 123.29 pivotal | 119.16 target |
1715.50 |
| 129.30 pivotal | 123.175* | 119.06_7* |
1709.00 |
| 129.13* | 123.11 pivotal | 119.00 pivotal (includes %) |
1704.00 pivotal 1687.00 watch |
| 129.04* PIVOT | 123.02 PIVOT (true) | 118.285 PIVOT (true) |
1680.25 PIVOT |
| 128.13 watch | 122.25* | 118.20_2* |
1667.00* |
| 128.00 | 122.18* | 118.10 lows |
1656.75 pivotal |
| 127.16 support | 122.07 lows | 1649.50* | |
| 127.09 pivotal | 121.28 watch | ||
| 126.30 support |
