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.