Adjusted on: 10/19 US 30-Year Bond: Let’s watch 133.10…if the bulls hold THAT we still need to favor the buy-side. We’re looking for a test of 135.04; bears do best below 132.31
10-Year Treasury Note: Holding the pivot is QUITE bullish – and trade is prone to testing 127.175 and 127.24. Losing 126.235 takes some longs out of the market; bears do MUCH better below 126.09.
5-Year Treasury Note: Trade above 121.14_2 SHOULD test 121.20_2…bears do best below 121.03.
S&P500 Stock Index: The key is which way trade moves off this pivot…bears may get a BIT more going below 1715.
DEC BONDS | DEC 10s | DEC 5s | DEC SP500 |
135.28 | 127.24 pivotal | 122.04* |
1765.00 |
135.23* | 127.175 major | 121.29 |
1752.75 |
135.04 pivotal | 127.115 sc highs | 121.20_2 pivotal |
1739.50 PIVOT (true) |
134.26 sc highs | 127.045 pit highs | 121.14_2 watch121.105 PIVOT (true) |
1727.00 1715.00 pivotal |
134.14 pit highs | 126.305 PIVOT | 121.03 pivotal |
1702.00* |
134.05 PIVOT | 126.235* can bulls hold? | 120.28* | |
133.22* | 126.15* | 120.21 pivotal | |
133.10 major | 126.09 pivotal | ||
132.31 pivotal | 125.29* | ||
132.21* | |||
132.08* |