Adjusted on: 9/18 US 30-Year Bond: As long as trade stays above 131.16 we need to favor the bulls. Trade up thru 133.13 seeks 135.00 – but 134.18 SHOULD be good for a first-touch fade. Bears can add below 130.14.
10-Year Treasury Notes: Trade thru the highs seeks 127.085; 01 should be good for a first-touch fade tho. A bull-hold of 124.10 is STILL bullish – losing 124.01 will bring some weakness.
5-Year Treasury Note: The bulls will do much better above (need?) this pivot; that will let them go after 121.12_7. Dips that hold 120.115 are STILL bullish; 119.17_2 (GREAT support) is what the bears need.
S&P500 Stock Index: It’s VERY bullish if the longs hold this pivot – trade will seek 1759.50. First weakness is below 84.75.
DEC BONDS | DEC 10s | DEC 5s | DEC SP500 |
134.18 pivotal | 127.245 | 121.315 |
1747.25 |
134.00 | 127.085 pivotal | 121.22 |
1735.00 |
133.13 pivotal | 127.01 major | 121.12_7 pivotal |
1722.80 highs |
133.03* | 126.12* (bullish above tho) | 121.02 |
1715.50 PIVOT (true) 1698.25* |
132.15 highs | 125.28 pit session high | 120.25 PIVOT |
1684.75 pivotal |
131.31 PIVOT | 125.13 PIVOT (true) | 120.145 |
1672.25 pivotal |
131.16 pivotal | 124.31* | 120.115 pivotal | |
130.30* | 124.18* | 120.045 major | |
130.14 pivotal | 124.10 pivotal | 119.26_7* | |
129.31*129.13* | 124.01 pivotal | 119.17_2 pivotal | |
128.29
|
123.265* | 119.095 target |