- Adjusted on: 8/29 NOTE: FINANCIALS: DEC IS LEAD MONTH. REMINDER: TRADING FLOOR IS CLOSED MONDAY 9/2.
US 30-Year Bond: The bears will do BEST below 131.04; it’s KEY for them to accomplish that. Initial strength will TRY to get to 132.19.
10-Year Treasury Notes: Strength first seeks 124.27; 124.01 DOES lend support – but it also is “last support” with a failure allowing a run at 122.25.
5-Year Treasury Note: The bulls need to get trade up thru 120.25. (120.315 is a first-touch fade tho) Weakness looks to re-test 119.315.
S&P500 Stock Index: The bulls need to control 55.50; that lets this market move from a chop to a rally. Do NOT get caught long below 1622.
| DEC BONDS | DEC 10s | DEC 5s | SEPT SP500 |
| 134.23 pivotal | 126.02 target | 120.22 target |
1681.00 pivotal |
| 134.05 target | 125.245 pivotal | 120.17 scalp buy |
1675.00* |
| 133.17 pivotal | 125.08* bullish above | 120.095* |
1667.75 pivotal |
| 133.07* | 125.005* | 120.02* |
1655.50* target 1646.75* above seeks 55.50 |
| 132.19 target | 124.27* target | 119.26_7 PIVOT (true) |
1636.70 keep watching |
| 132.12* | 124.115 PIVOT (true) | 119.18_7* |
1629.50 PIVOT |
| 132.01 expect follow thru | 124.01 pivotal | 119.11* |
1622.00 pivotal |
| 131.26* | 123.195 pivotal | 119.035 | 1615.00 |
| 131.13 PIVOT (true) | 122.25 target
|
118.30 pivotal | 1609.00* |
| 131.04 pivotal | 1603.50* | ||
| 130.16* | |||
| 130.04 target
129.29* 128.17 pivotal |
