Adjusted on: 10/9 NOTE: IN BONDS I ONLY ADDED A PIVOT; IN 10S I TWEAKED THE PIVOT BY ½ TICK; 5s by a ¼ tick with a slight change in the comment. US 30-Year Bond: We’re still waiting on the breakout…135.06 is a SOLID target and we need to look for it on trade thru the highs. 132.18 is still supportive – but it is THAT failure that allows the run at 131.15.
10-Year Treasury Note: Any moves come above 126.26 (to at least 127.11) or with a failure of 125.22 (that will let trade go after 125.015).
5-Year Treasury We need to favor the bears at 120.25; the bulls added a BIT of support to the pivot – but I’ll need to see some good holds there or a solid push away higher before getting too interested in the upside.
S&P500 Stock Index: As long as trade stays below 1661.50 the market is vulnerable to 1625 (for starters).