Adjusted on: 10/1 US 30-Year Bond: With the lack of opportunity Tuesday it’s probably best to just plan to use setups etc on Wednesday and “just trade”. Any moves will come above 133.21 (to allow a run at 135.03) or below 130.11 (although a failure of 130.30 gives us a nice trade as it will test 130.11).
10-Year Treasury Note: Trade up thru 126.215 targets 127.105 – where we can squeeze; there are still no triggers for downside trade – just decent support built in…
5-Year Treasury Note: 121.125 is SOLID resistance – but a failure will go after 121.225. Again: no triggers for lower trade – just general softness in the market.
S&P500 Stock Index: If the bulls cannot build on Tuesday’s late pop and take this pivot the lows are vulnerable. Bull-control of the pivot lets them go after 1707; continued strength there goes after 1722.25 (a first-touch fade).
DEC BONDS | DEC 10s | DEC 5s | DEC SP500 |
135.03 pivotal | 127.23 pivotal | 121.225 pivotal |
1722.25 pivotal |
134.12 | 127.175 major | 121.125 pivotal |
1716.50 |
133.21 pivotal | 127.105 pivotal | 121.04_2 favor bulls abv |
1707.00 target/watch |
133.09* PIVOT | 127.01 | 121.015 PIVOT
120.28 sl
|
1702.25* 1695.25 PIVOT (true) |
133.00 sl | 126.215 long above | 120.23 |
1687.50 watch |
132.12* | 126.15* | 120.19* |
1681.25* |
131.23* | 126.07* PIVOT | 120.12* |
1673.75 |
130.30 pivotal | 125.31 | 1667.00 lows | |
130.11 pivotal | 125.14* | 1660.00 | |
125.015* | 1652.50 pivotal | ||
124.285 major |