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).